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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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:	12 Dec 2024 01:44
URI:	http://eprints.lse.ac.uk/id/eprint/100446

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