Industrial relations reform, firm-level bargaining and nominal wage floors
Nicholas Giannakopoulos () and
Ioannis Laliotis ()
LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library
We investigate the impact of the 2011 industrial relations reform in Greece that made firms with less than 50 employees eligible to participate to firm-level bargaining. Matching administrative contractual data with longitudinal firm-level data we identify firms affected and not affected by the reform. We find that during the first post-reform year, affected firms with less than 50 employees experienced a 4.8 per cent increase in the probability of firm-level contracting and a 12 per cent drop in wage floors relative to not affected firms. We also report estimates regarding the post-reform employment effect of firm-level bargaining.
Keywords: firm-level bargaining; wages; reform; Greece (search for similar items in EconPapers)
JEL-codes: J01 J50 R14 (search for similar items in EconPapers)
Pages: 23 pages
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Published in Manchester School, 27, March, 2019, 88(1), pp. 37-59. ISSN: 1463-6786
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http://eprints.lse.ac.uk/100446/ Open access version. (application/pdf)
Journal Article: Industrial Relations Reform, Firm‐Level Bargaining and Nominal Wage Floors (2020)
Working Paper: Industrial relations reform, firm-level bargaining and nominal wage floors (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:100446
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