Centralized vs. decentralized wage formation: The role of firms' production technology

This paper is the first to show theoretically and empirically how firms' production technology affects the choice of their preferred wage formation regime. Our theoretical framework predicts, first, that the larger the total factor productivity of a firm, the more likely it is to opt for centra...

Full description

Saved in:
Bibliographic details
Volume: 92
Main Author: Hirsch, Boris
Merkl, Christian
Mueller, Steffen
Schnabel, Claus
Format: Paper
Language: English
Place of publication: Erlangen-Nürnberg Univ., Lehrstuhl für VWL, insbes. Arbeitsmarkt- und Regionalpolitik 2014
published in: Diskussionspapiere, Universität Erlangen-Nürnberg, Lehrstuhl für VWL, insbes. Arbeitsmarkt- und Regionalpolitik Vol. 92
Data of publication: 2014
Subjects:
Online Access: Fulltext
Database: EconStor
Database information Databases - DBIS