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The Role of Bargaining Power

The Role of Bargaining Power
Author: Vincent Victor
Publisher: Universitätsverlag Potsdam
Total Pages: 64
Release: 2019
Genre: Business & Economics
ISBN: 3869564490

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Neoclassical theory omits the role of bargaining power in the determination of wages. As a result, the importance of changes in the bargaining position for the development of income shares in the last decades is underestimated. This paper presents a theoretical argument why collective bargaining power is a main determinant of workers’ share of income and how its decline contributed to the severe changes in the distribution of income since the 1980s. In order to confirm this hypothesis, a panel data regression analysis is performed that suggests that unions significantly influence the distribution of income in developed countries. Diese empirische Studie untersucht den Einfluss der Staatsform auf den Einsatz und das Ausmaß von Wirtschaftssanktionen unter Verwendung von Regressionsanalysen. Die Ergebnisse deuten auf ein friedliches Wirtschaftsverhältnis zwischen den Demokratien hin. Die bisherige Forschung hat den demokratischen Wirtschaftsfrieden mithilfe der institutionellen Theorie erklärt, die das Sanktionsverhalten auf ein rationalistisches Kosten-Nutzen-Kalkül zurückführt. Demgegenüber vertritt die konstruktivistische Theorie die Auffassung, dass die friedvollere Konfliktbewältigung unter Demokratien auf die Ausbildung einer gemeinsamen Identität, sowie auf gemeinsame Werte und Normen zurückzuführen sei.


Perspectives on Wage Determination

Perspectives on Wage Determination
Author: Campbell R. McConnell
Publisher:
Total Pages: 344
Release: 1970
Genre: Wages
ISBN:

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Textbook on the theoretical aspects of wages determination, comprising a collection of essays on wage policy formulation at national level and industry levels in the USA - covers historical aspects, economic implications of labour costs, labour productivity theories, trade unions and collective bargaining, wage structures, capital worker ratios, income distribution, profit sharing, cost of living, anti-inflationary measures, etc. Diagrams.


Bargaining Power in Marriage

Bargaining Power in Marriage
Author: Robert A. Pollak
Publisher:
Total Pages: 28
Release: 2005
Genre: Marriage
ISBN:

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What determines bargaining power in marriage? This paper argues that wage rates, not earnings, determine well-being at the threat point and, hence, determine bargaining power. Observed earnings at the bargaining equilibrium may differ from earnings at the threat point because hours allocated to market work at the bargaining solution may differ from hours allocated to market work at the threat point. In the divorce threat model, for example, a wife who does not work for pay while married might do so following a divorce; hence, her bargaining power would be related to her wage rate, not to her earnings while married. More generally, a spouse whose earnings are high because he or she chooses to allocate more hours to market work, and correspondingly less to household production and leisure, does not have more bargaining power. But a spouse whose earnings are high because of a high wage rate does have more bargaining power. Household production has received little attention in the family bargaining literature. The output of household production is analogous to earnings, and a spouse's productivity in household production is analogous to his or her wage rate. Thus, in a bargaining model with household production, a spouse's productivity in home production is a source of bargaining power.


Wage Determination

Wage Determination
Author: Richard Perlman
Publisher: Greenwood
Total Pages: 168
Release: 1977
Genre: Business & Economics
ISBN:

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The Future of Pay Bargaining

The Future of Pay Bargaining
Author: Frank Thomas Blackaby
Publisher: London : Heinemann
Total Pages: 264
Release: 1980
Genre: Political Science
ISBN:

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Monograph of discussion papers on current trends of thought regarding the institutional framework of wage determination in the UK, and the need for administrative reform - covers developments in wage payment systems, collective bargaining arrangements and changes in wage differentials, and includes a survey of experience in selected OECD countries as regards incomes policy and institutional procedures. References.