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Contractual Dualism, Market Power and Informality
contractual dualism wage dualism employer market power informality
2012/10/25
Two stylized representations are often found in the academic and policy literature on informality and formality in developing countries. The first is that the informal (or unregulated) sector is more ...
Temporary Contracts and Monopsony Power in the UK Labour Market
atypical contracts oligopsony compensating differentials commuting time
2012/10/25
This paper addresses the applicability of the theory of equalizing differences (Rosen, 1987) in a market in which temporary and permanent workers co-exist. The assumption of perfect competition in the...
Let's Take Bargaining Models Seriously: The Decline in Union Power in Germany, 1992-2009
trade union power wage bargaining labour share Germany
2012/10/25
Building on the right-to-manage model of collective bargaining, this paper tries to infer union power from the observed results in wage setting. It derives a time-varying indicator of union strength a...