City Research Online

Industrial Relations Reform, Firm-Level Bargaining and Nominal Wage Floors

Giannakopoulos, N. and Laliotis, I. (2019). Industrial Relations Reform, Firm-Level Bargaining and Nominal Wage Floors. Manchester School, doi: 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.

Publication Type: Article
Additional Information: This is the pre-peer reviewed version of the following article: Giannakopoulos, N. and Laliotis, I. (2019), Industrial Relations Reform, Firm‐Level Bargaining and Nominal Wage Floors. The Manchester School., which has been published in final form at https://doi.org/10.1111/manc.12273. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Use of Self-Archived Versions.
Subjects: H Social Sciences > HD Industries. Land use. Labor
Departments: School of Arts & Social Sciences > Economics
URI: https://openaccess.city.ac.uk/id/eprint/22972
[img] Text - Accepted Version
This document is not freely accessible until 27 March 2021 due to copyright restrictions.

Export

Downloads

Downloads per month over past year

View more statistics

Actions (login required)

Admin Login Admin Login