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Autor:innen: 
Erscheinungsjahr: 
2015
Quellenangabe: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Article No.:] 101 [Publisher:] Institute for the Study of Labor (IZA) [Place:] Bonn [Year:] 2014
Verlag: 
Institute for the Study of Labor (IZA), Bonn
Zusammenfassung: 
Debate over labor market flexibility focuses mainly on firing costs, while largely ignoring wage determination and the need for collective bargaining reform. Most countries affected by the euro debt crisis have two-tier bargaining structures in which plant-level bargaining supplements national or industrywide (multi-employer) agreements, taking the pay agreement established at the multi-employer level as a floor. Two-tier structures were intended to link pay more closely to productivity and to allow wages to adjust downward during economic downturns, while preventing excessive earning dispersion. However, these structures seem to fail precisely on these grounds.
Schlagwörter: 
wage drift
favorability principle
productivity-related pay
multi-employer bargaining
JEL: 
J3
J5
J52
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
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