Rent-Sharing under Different Bargaining Regimes: Evidence from Linked Employer–Employee Data
AbstractUsing 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. Â© 2011 Blackwell Publishing Ltd/London School of Economics.
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Bibliographic InfoArticle provided by London School of Economics in its journal British Journal of Industrial Relations.
Volume (Year): 51 (2013)
Issue (Month): 1 (03)
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Other versions of this item:
- Michael Rusinek & François Rycx, 2008. "Rent-sharing under different bargaining regimes : Evidence from linked employer-employee data," Working Paper Research, National Bank of Belgium 152, National Bank of Belgium.
- Rusinek, Michael & Rycx, Francois, 2008. "Rent-Sharing under Different Bargaining Regimes: Evidence from Linked Employer-Employee Data," IZA Discussion Papers 3406, Institute for the Study of Labor (IZA).
- Michael Rusinek & François Rycx, 2013. "Rent-Sharing under Different Bargaining Regimes: Evidence from Linked Employer-Employee Data," ULB Institutional Repository 2013/167744, ULB -- Universite Libre de Bruxelles.
- Michael Rusinek & François Rycx, 2009. "Rent-sharing under Different Bargaining Regimes: Evidence from Linked Employer-Employee Data," Working Papers CEB, ULB -- Universite Libre de Bruxelles 09-004.RS, ULB -- Universite Libre de Bruxelles.
- Michael Rusinek & François Rycx, 2008. "Rent-sharing under different bargaining regimes: evidence from linked employer-employee data," DULBEA Working Papers, ULB -- Universite Libre de Bruxelles 08-09.RS, ULB -- Universite Libre de Bruxelles.
- J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
- J51 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Trade Unions: Objectives, Structure, and Effects
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