What happens when firms set wages outside of national agreements?
"The Winners and Losers from Collective Bargaining Decentralization", by Christian Dustmann, @c_giannetto, @l_incoronato, @chiaralac, Vincenzo Pezone, @raffaelesaggio, and @Schoefer_B. https://t.co/VOhTWnnF6e
Micro evidence on firms' opting out of rigid collective bargaining in Italy finds that opting out reduces wages but increases workers' employment and retention within firms, from Christian Dustmann, Chiara Giannetto, @l_incoronato, Chiara Lacava, Vincenzo Pezone, Raffaele Saggio, and @Schoefer_B https://t.co/XOyeamsS1g
Collective bargaining shapes labor markets, yet we know little about its effects. In our new WP, we track workers shifted to contracts with lower wage floors: wages fall, but employment rises, suggesting adjustments along the firm's labor demand curve.
New paper on
"Opting Out of Centralized Collective Bargaining: Evidence from Italy"
w/ Christian Dustmann @c_giannetto@l_incoronato@chiaralac Vincenzo Pezone @raffaelesaggio
Micro evidence on the effects on workers & firms
PDFs:
https://t.co/qLKv9xcreo
https://t.co/Z3mpAFhEvU
Excited to share my #JMP 🧵
❓How important is organizing production efficiently for the adoption of new technologies?
✅ JMP shows organizational practices are instrumental for the integration of new technologies in production.
#econtwitter#EconJobMarket
Congratulations to our PhD students @c_gergs (best 3rd-year undergraduate module), @c_giannetto (best 2nd-year undergraduate module), and @JanKnuf (best overall) for their post-graduate teaching awards from @EconUCL for the 2023/24 academic year!
New paper, at today's @nberpubs NBER Labor Studies:
How does opting out of centralized collective bargaining affect workers?
We'll present *micro* evidence from Italy.
w/Dustmann @c_giannetto@l_incoronato@chiaralac Pezone @raffaelesaggio
https://t.co/12RrxqgXno
PDF online soon