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| Titre : | Flexibility in Wage Setting Under the Threat of Relocation (2018) |
| Auteurs : | Anna Goeddeke ; Justus Haucap ; Annika Herr ; Christian Wey |
| Type de document : | Article : document électronique |
| Dans : | Labour (vol. 32, n° 1, March 2018) |
| Article en page(s) : | pp. 1-22 |
| Langues: | Anglais |
| Catégories : |
Thésaurus CEREQ DELOCALISATION ; FLEXIBILITE DU MARCHE DU TRAVAIL ; CONDITION DE VIE ; SALAIRE ; ORGANISATION SYNDICALE ; MODELISATION |
| Résumé : | Relocation of production to countries with low labour costs has induced increased labour market flexibility, which has been praised as a silver bullet for economic growth and low unemployment. Within a unionised oligopoly framework, in which a multinational firm has the option to relocate its production to a foreign country, we analyse the welfare implications of both centralised and flexible wage-setting regimes. For very low foreign wages, wage flexibility leads to higher welfare than a rigid centralised regime. In contrast, for ‘intermediate’ wage levels in the foreign country, an industry-wide uniform wage leads to higher social welfare than flexible wages.(source: report) |
| Document Céreq : | Non |
| En ligne : | http://onlinelibrary.wiley.com/doi/10.1111/labr.12118/full |
