Productivity and Wage Effects of Firm-Level Collective Agreements: Evidence from Belgian Linked Panel Data
This study analyses the difference between firm-level and sector-level collective bargaining agreements, using Belgium as a basis. It argues that firm-level agreements do more to raise wage levels past productivity increases, without affecting the organisation’s overall profitability. It suggests that firm-level agreements more strongly raise wages without affecting profitability, but have shorter reaching effects than sector-level agreements.
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