Browsing by Subject "neuvottelut"

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  • Öberg, Svante (2000)
    Bank of Finland. Bulletin 74 ; 2
  • Koskela, Erkki; Stenbacka, Rune (2003)
    Suomen Pankin keskustelualoitteita 19/2003
    We study employment, employee effort, wages and profit sharing when firms face stochastic revenue shocks and when base wages and profit shares are determined through collective bargaining.The negotiated profit share depends positively on the relative bargaining power of the trade union and has effort-enhancing and wage-moderating effects.We show that higher profit sharing reduces equilibrium unemployment under circumstances with sufficiently rigid labour market institutions, ie sufficiently high benefit- replacement ratios and relative bargaining powers of trade unions.Conversely, profit sharing seems to be destructive from the point of view of employment when the labour market rigidities are sufficiently small. Key words: wage bargaining, profit sharing, efficiency wages, equilibrium unemployment JEL classification numbers: J51, J41, G32
  • Koskela, Erkki; Stenbacka, Rune (2001)
    Suomen Pankin keskustelualoitteita 5/2001
    We study the role of labour and credit market imperfections for the determination of equilibrium unemployment.In the credit market loan contracts are negotiated between financiers and firms, both possessing bargaining power, while the firms and organized labour bargain over the base wage.The sequential labour and credit market negotiations are assumed to take place conditional on the firm having committed itself to use performance related profit sharing in addition to the negotiated base wage.It is shown that in the presence of profit sharing intensified credit market competition will raise equilibrium unemployment, because it induces wage-enhancing effects causing an increase in the outside option available to union members.Equilibrium unemployment is also an increasing function of firms' bankruptcy risks.It is, however, independent of the degree credit market imperfections if the compensation system is unrelated to firms' profits or if there is a monopoly union in the labour market.Keywords: wage and loan bargaining, compensation systems, equilibrium unemployment.
  • Öberg, Svante (2000)
    EURO & TALOUS 2
    Ruotsin tilastokeskuksen pääjohtajan Svante Öbergin mukaan palkkaneuvotteluissa päästään helpommin sopimukseen, kun neuvotteluosapuolilla on käytettävissään samat riippumattomat ja luotettavat selvitykset talouden ja työmarkkinoiden kehityksestä kotimaassa ja ulkomailla.Tueksi tarvitaan myös yhteisiä keskustelufoorumeita.