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- W2167398001 abstract "Using Belgian linked employer–employee data, we examine how collective bargaining arrangements affect the relationship between firms' profitability and individual wages via rent-sharing. In industries where agreements are usually renegotiated at firm-level (‘decentralized industries’) wages and firm-level profits are positively correlated regardless of the type of collective wage agreement by which the workers are covered (industry or firm). On the other hand, where firm-level wage renegotiation is less common (‘centralized industries’), wages are only significantly related to firms' profitability for workers covered by a firm-level collective agreement. Thus, industry-wide contracts that are not complemented by a firm-level collective agreement suppress the impact of firm profits on workers' wages in centralized industries." @default.
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- W2167398001 date "2011-08-26" @default.
- W2167398001 modified "2023-09-27" @default.
- W2167398001 title "Rent-Sharing under Different Bargaining Regimes: Evidence from Linked Employer-Employee Data" @default.
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- W2167398001 doi "https://doi.org/10.1111/j.1467-8543.2011.00877.x" @default.
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