Rent Sharing and Bargaining Levels: Evidence from Italy

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Rent Sharing and Bargaining Levels: Evidence from Italy

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Barbara Pistoresi () (University of Modena and Reggio Emilia)
Chiara Strozzi () (University of Modena and Reggio Emilia)

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Chiara Strozzi

Abstract

This paper studies the extent of rent sharing in the Italian metal- mechanical industry by analyzing separately what occurs at each stage of wage negotiations. In particular, we evaluate how, through the bargaining process, aggregate and idiosyncratic productivity shocks influence respectively centralized and decentralized wage negotiations. It turns out that while centralized agreements generate rent sharing, at the decentralized bargaining level this phenomenon is absent.

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Publisher Info
Article provided by GDE (Giornale degli Economisti e Annali di Economia), Bocconi University in its journal Giornale degli Economisti e Annali di Economia.

Volume (Year): 62 (2003)
Issue (Month): 2 (October)
Pages: 145-170
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Handle: RePEc:gde:journl:gde_v62_n2_p145-170

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Find related papers by JEL classification:
J50 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - General
C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General - - - General

Cited by:
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Ilan Tojerow, 2008. "Industry Wage Differential, Rent Sharing and Gender in Belgium," Working Papers DULBEA 08-20.RS, Université libre de Bruxelles, Department of Applied Economics (DULBEA). [Downloadable!]
Other versions:
- Ilan Tojerow, 2008. "Industry Wage Differentials Rent Sharing and Gender in Belgium," Reflets et perspectives de la vie économique, De Boeck Université, vol. 0(3), pages 55-65. [Downloadable!] (restricted)

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This page was last updated on 2009-11-22.

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