{"title":"Shortage of Skilled Labor, Unions and the Wage Premium: A Regression Analysis with Establishment Panel Data for Germany.","authors":"Arnd Kölling","doi":"10.1007/s12122-022-09334-1","DOIUrl":null,"url":null,"abstract":"<p><p>The author investigates the different influences of labor shortage on wages in firms with or without collective bargaining agreements. In addition to training, technological solutions, and organizational flexibility, employers can also offer higher wages at a constant employment level to fill vacancies if the current payments are lower than the marginal revenue of the workers. Firms with collective bargaining agreements probably already pay wages according to marginal revenue or, in the case of rent sharing, above it, and the remuneration is probably also not adjusted. Using wage regressions with panel data for German establishments, this paper shows that collective bargaining and a lack of skilled workers can lead to higher wages. However, the latter only applies to firms that are not bound by collective agreements. Hence, wage differentials between these firms decrease, providing further explanation for a countercyclical development of the wage premium from the collective bargaining agreement.</p><p><strong>Supplementary information: </strong>The online version contains supplementary material available at 10.1007/s12122-022-09334-1.</p>","PeriodicalId":46592,"journal":{"name":"Journal of Labor Research","volume":"43 2","pages":"239-259"},"PeriodicalIF":1.0000,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9214463/pdf/","citationCount":"3","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Labor Research","FirstCategoryId":"91","ListUrlMain":"https://doi.org/10.1007/s12122-022-09334-1","RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"2022/6/22 0:00:00","PubModel":"Epub","JCR":"Q3","JCRName":"INDUSTRIAL RELATIONS & LABOR","Score":null,"Total":0}
引用次数: 3
Abstract
The author investigates the different influences of labor shortage on wages in firms with or without collective bargaining agreements. In addition to training, technological solutions, and organizational flexibility, employers can also offer higher wages at a constant employment level to fill vacancies if the current payments are lower than the marginal revenue of the workers. Firms with collective bargaining agreements probably already pay wages according to marginal revenue or, in the case of rent sharing, above it, and the remuneration is probably also not adjusted. Using wage regressions with panel data for German establishments, this paper shows that collective bargaining and a lack of skilled workers can lead to higher wages. However, the latter only applies to firms that are not bound by collective agreements. Hence, wage differentials between these firms decrease, providing further explanation for a countercyclical development of the wage premium from the collective bargaining agreement.
Supplementary information: The online version contains supplementary material available at 10.1007/s12122-022-09334-1.
期刊介绍:
Mission Statement
The Journal of Labor Research provides an outlet for original research on all aspects of behavior affecting labor market outcomes. The Journal provides a forum for both empirical and theoretical research on labor economics. The journal welcomes submissions issues relating to labor markets and employment relations, including labor demand and supply, personnel economics, unions and collective bargaining, employee participation, dispute resolution, labor market policies, types of employment relationships, the interplay between labor market variables and policy issues in labor economics are published by the Journal. The Journal of Labor Research also publishes book reviews relating to these topics.