... economics Industrial relations Incomes policy Pay bargaining The paper applies different tools of time series analysis to study the impact of incomes policy on the relationship between real wages, labour productivity and unemployment. The main assumption of the empirical analysis...

...‐outsider theory that wages will be higher in sectors (firms) with high labor turnover costs. © Emerald Group Publishing Limited 2008 Pay bargaining Market forces Dismissal Rents Portugal It is widely agreed that labor turnover costs (LTC) give insider workers market power...

... covered by a company collective agreement (CA) earn 5.1 per cent more than their opposite numbers whose wages are solely covered by national and/or sectoral CAs. © MCB UP Limited 2003 Pay differentials Pay bargaining Belgium According to the standard Walrasian (competitive) model...