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Industrial relations reform, firm-level bargaining and nominal wage floors

Giannakopoulos, Nicholas and Laliotis, Ioannis (2019) Industrial relations reform, firm-level bargaining and nominal wage floors. Manchester School, 88 (1). pp. 37-59. ISSN 1463-6786

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Identification Number: 10.1111/manc.12273

Abstract

We investigate the impact of the 2011 industrial relations reform in Greece that made firms with less than 50 employees eligible to participate to firm-level bargaining. Matching administrative contractual data with longitudinal firm-level data we identify firms affected and not affected by the reform. We find that during the first post-reform year, affected firms with less than 50 employees experienced a 4.8 per cent increase in the probability of firm-level contracting and a 12 per cent drop in wage floors relative to not affected firms. We also report estimates regarding the post-reform employment effect of firm-level bargaining.

Item Type: Article
Official URL: https://onlinelibrary.wiley.com/journal/14679957
Additional Information: © 2019 The University of Manchester and John Wiley & Sons Ltd
Divisions: European Institute
Subjects: H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Date Deposited: 11 Apr 2019 13:00
Last Modified: 29 May 2020 23:07
URI: http://eprints.lse.ac.uk/id/eprint/100446

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