| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP2964 |
| DP2964 A Positive Theory of Geographic Mobility and Social Insurance | |
| Fabrizio Zilibotti; John Hassler; Kjetil Storesletten; José V Rodríguez Mora | |
| 发表日期 | 2001-09-19 |
| 出版年 | 2001 |
| 语种 | 英语 |
| 摘要 | This Paper presents a two-stage bargaining framework which reproduces the key features of the Italian bargaining system, where wage negotiations occur first at the industry and then at the firm level. The framework we propose takes into account the presence of different degrees of union bargaining power at the two levels of wage negotiations, thus generating a potential distinction between the extent of rent sharing in centralized and in decentralized collective agreements. On the basis of this distinction, the Paper focuses on the study of rent sharing in the Italian basic metal industry by analysing separately what occurs at each of the two bargaining stages. In particular, by estimating a dynamic factor model and by measuring the dynamic correlation between wage and labour productivity, 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 union power is absent. |
| 主题 | International Macroeconomics ; Labour Economics |
| 关键词 | Two-stage bargaining Rent sharing Dynamic factor model Dynamic correlation analysis |
| URL | https://cepr.org/publications/dp2964 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531992 |
| 推荐引用方式 GB/T 7714 | Fabrizio Zilibotti,John Hassler,Kjetil Storesletten,et al. DP2964 A Positive Theory of Geographic Mobility and Social Insurance. 2001. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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