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Tytuł pozycji:

30,000 Minimum Wages: The Economic Effects of Collective Bargaining Extensions.

Tytuł :
30,000 Minimum Wages: The Economic Effects of Collective Bargaining Extensions.
Autorzy :
Martins, Pedro S.
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Temat :
MINIMUM wage
LABOR laws
WORK environment
COLLECTIVE labor agreements
WAGE increases
Źródło :
British Journal of Industrial Relations; Jun2021, Vol. 59 Issue 2, p335-369, 35p, 13 Charts
Terminy geograficzne :
PORTUGAL
Czasopismo naukowe
Many governments extend the coverage of collective agreements to workers and employers that were not involved in their bargaining. These extensions may address co‐ordination issues but may also distort competition by imposing sector‐specific minimum wages and other work conditions that are not suitable for some firms and workers. In this article, we analyse the impact of such extensions along several economic margins. Drawing on the worker‐ and firm‐level monthly data for Portugal, a country where extensions have been widespread, and the scattered timing of the extensions, we find that, while continuing workers experience wage increases following an extension, formal employment in the relevant sectors falls, on average, by 2 per cent. These results increase by about 25 per cent across small firms and are driven by reduced hirings. In contrast, the employment and wage bills of independent contractors, who are not subject to labour law or collective bargaining, increase by over 1 per cent following an extension. [ABSTRACT FROM AUTHOR]
Copyright of British Journal of Industrial Relations is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

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