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Unionization, licensure and workplace variation in pay inequality between immigrants and natives 工会化、执照和移民与本地人之间薪酬不平等的工作场所差异
IF 3.7 2区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2024-01-30 DOI: 10.1093/ser/mwad075
Ida Drange, Håvard Helland, Are Skeie Hermansen
Organizational research has revealed considerable variation in immigrant–native pay inequalities across workplace contexts. However, less is known about how broader labor market institutions intersect in the local dynamics of wage setting between employees of immigrant and native backgrounds. We argue that union density and higher shares of employees in licensed occupations in workplaces constrain organizational opportunity structures for unequal pay according to immigrant backgrounds. Our analysis of longitudinal linked employer–employee administrative data for the Norwegian labor market shows that the wage gap between immigrants and natives decreases with increasing workplace unionization, but almost exclusively for immigrants who are union members. Next, licensure raises pay at the individual and workplace levels, although any reduction in immigrant–native pay gaps is contingent on immigrants’ access to licensed jobs. Our findings support the claim that institutional regulation in the workplace reduces the organizational scope of unequal pay based on immigrant status.
组织研究显示,在不同的工作场所,移民与本地人之间的薪酬不平等存在很大差异。然而,人们对更广泛的劳动力市场制度如何与当地移民和本地雇员之间的工资设定动态相交织却知之甚少。我们认为,工作场所中的工会密度和从事许可职业的雇员比例较高,限制了根据移民背景设定不平等薪酬的组织机会结构。我们对挪威劳动力市场上雇主与雇员之间的纵向关联行政数据进行的分析表明,移民与本地人之间的工资差距随着工作场所工会化程度的提高而缩小,但这几乎仅限于工会成员中的移民。其次,持证上岗会提高个人和工作场所的工资水平,但移民与本地人工资差距的缩小取决于移民能否获得持证工作。我们的研究结果支持这样一种说法,即工作场所的制度性监管减少了基于移民身份的不平等薪酬的组织范围。
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引用次数: 0
Sectors versus borders: interest group cleavages and struggles over corporate governance in the age of asset management 部门与边界:资产管理时代的利益集团分裂与公司治理之争
IF 3.7 2区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2024-01-09 DOI: 10.1093/ser/mwad072
Dustin Voss
Universally invested asset managers like BlackRock have established a dominant position in equity markets around the globe. While extant contributions have explored their voting behaviour and role in shaping corporate governance at the firm level, less is known about their potential to build interest coalitions with other business groups, and their leverage over state-level corporate governance institutions. This article investigates conflict over a far-reaching reform to co-determination in Germany. Qualitative content analysis of over 100 stakeholder statements yields that asset managers forge coalitions with short-term-oriented investors to abolish key tenets of corporatist institutions. However, a domestic countercoalition of financial and non-financial firms prevented momentous institutional change. This article improves our understanding of international asset managers’ preferences and highlights coalition building as a key determinant of the political power of international finance. By aligning the costs of institutional change for incumbents, corporatist institutions continue to act as shields against financialization.
贝莱德(BlackRock)等普遍投资的资产管理公司已在全球股票市场占据主导地位。虽然现有文献探讨了它们在公司层面的投票行为和影响公司治理的作用,但对它们与其他商业集团建立利益联盟的潜力以及它们对国家级公司治理机构的影响力却知之甚少。本文研究了德国一项影响深远的共同决策改革所引发的冲突。通过对 100 多份利益相关者声明的定性内容分析发现,资产管理公司与短期投资者结成联盟,以废除公司治理机构的主要原则。然而,由金融和非金融企业组成的国内反联盟阻止了重大的制度变革。本文加深了我们对国际资产管理公司偏好的理解,并强调建立联盟是决定国际金融政治力量的关键因素。通过调整在位者的制度变革成本,公司主义制度继续充当抵御金融化的盾牌。
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引用次数: 0
Small money, large profits: how the cashless revolution aggravates social inequality 小钱大利:无现金革命如何加剧社会不平等
IF 3.7 2区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2024-01-05 DOI: 10.1093/ser/mwad071
Barbara Brandl, David Hengsbach, Guadalupe Moreno
The replacement of cash by cashless alternatives carries huge potential to aggravate social inequality. Governments struggle to manage these dynamics since they must keep a delicate balance between the formation of strong players and the provision of inclusive payment options. Studying the political economy behind the payment industry is crucial to understanding how digitalization has transformed payments. To this aim, we look at the history of the payment industry in two cases: the USA and the euro area. In the USA, the cashless revolution gave rise to an oligopoly of two extremely successful credit card companies, which, however, resulted in a banking system that does not serve the needs of at least one-fifth of the population. In the euro area, the population has access to affordable financial services; however, neither the private nor the public sector has been able to provide the infrastructure to integrate European payments.
无现金支付方式取代现金支付有可能加剧社会不平等。各国政府都在努力管理这些动态变化,因为它们必须在形成强势参与者和提供包容性支付选择之间保持微妙的平衡。研究支付行业背后的政治经济对于理解数字化如何改变支付方式至关重要。为此,我们将从美国和欧元区两个案例中考察支付行业的发展历程。在美国,无现金革命催生了两家极为成功的信用卡公司的寡头垄断,但这导致银行系统无法满足至少五分之一人口的需求。在欧元区,人们可以获得负担得起的金融服务;然而,无论是私营部门还是公共部门,都未能为欧洲支付一体化提供基础设施。
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引用次数: 0
Power resources of labor and the state politics of downsizing 劳动力的权力资源和裁员的国家政治
IF 3.7 2区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2023-12-01 DOI: 10.1093/ser/mwad064
Jiwook Jung, Tom VanHeuvelen
Utilizing the geographical polarization of American politics, we examine how state politics shape the implementation of downsizing. Combining power resources theory and the political-embeddedness approach in organizational studies, we propose that labor power resources at the state level, namely Democratic control of state government and state-level union membership, limit firms’ ability to implement drastic job cuts within the state. Based on data on the 697 largest, publicly traded US firms between 1981 and 2005, combined with their establishment-level employment data from EEO-1 reports, our analysis shows that post-downsizing reductions in employment were less severe in states with a worker-friendly political environment. But the limited effectiveness of labor’s power resources in right-to-work states and the American South suggests that there is considerable regional variation. Our findings provide strong evidence of the political embeddedness of firms, by demonstrating the growing salience of political considerations in corporate decision-making.
利用美国政治的地理两极分化,我们研究了州政治如何影响裁员的实施。结合权力资源理论和组织研究中的政治嵌入性方法,我们提出了州一级的劳动力资源,即民主党对州政府的控制和州一级工会成员资格,限制了企业在州内实施大幅裁员的能力。根据1981年至2005年间697家最大的美国上市公司的数据,结合EEO-1报告中的企业层面就业数据,我们的分析表明,在政治环境对工人友好的州,裁员后的就业减少不那么严重。但在享有工作权的州和美国南部,劳动力资源的有效性有限,这表明存在相当大的地区差异。我们的研究结果通过展示企业决策中日益突出的政治考虑,为企业的政治嵌入性提供了强有力的证据。
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引用次数: 0
Managing an ageing workforce: workplace retention practices and early labour market exit 管理老龄化劳动力:保留工作场所的做法和提前退出劳动力市场
IF 3.7 2区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2023-11-16 DOI: 10.1093/ser/mwad063
Jeevitha Yogachandiran Qvist
This study addresses a critical gap in our understanding of how the employer and workplace context influences the working career of older employees. Leveraging linked employer–employee data, this study examines the impact of workplace retention practices on an early labour market exit for employees aged fifty-five to sixty-four in Denmark. The findings reveal that, for those eligible for early retirement, work environment adaptation, re-employment of retired employees, and positive views of older employees’ productivity significantly contribute to avoiding early retirement. However, these workplace retention practices do not influence unemployment, emphasizing their effectiveness in postponing early retirement rather than mitigating job loss. Moreover, the analysis shows that employees with managerial roles and high skill levels benefit more from workplace retention practices in terms of avoiding both early retirement and unemployment. This finding highlights the employer’s key role in shaping inequalities in an ageing workforce by selectively providing opportunities to extend working lives.
这项研究解决了我们对雇主和工作场所环境如何影响老年员工职业生涯的理解中的一个关键空白。利用关联的雇主-雇员数据,本研究考察了工作场所保留做法对丹麦55至64岁员工早期退出劳动力市场的影响。研究结果显示,对于符合提前退休条件的员工而言,工作环境适应、退休员工再就业和对老年员工生产力的积极看法显著有助于避免提前退休。然而,这些保留工作场所的做法并不影响失业,强调其在推迟提前退休而不是减轻失业方面的有效性。此外,分析表明,在避免提前退休和失业方面,具有管理角色和高技能水平的员工从工作场所保留实践中获益更多。这一发现凸显了雇主通过选择性地提供延长工作年限的机会,在塑造老龄化劳动力不平等方面的关键作用。
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引用次数: 0
Business power, right-wing populism, and noisy politics: lessons from Brexit and Swiss referendums 商业力量、右翼民粹主义和嘈杂的政治:英国退欧和瑞士公投的教训
2区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2023-11-14 DOI: 10.1093/ser/mwad061
Daniel Kinderman
This article contributes to debates on business power, noisy politics, and right-wing populism. The populist right weakens strategies of quiet politics, which many suggest has led to a steep decline of business power. I challenge this view and argue that a combination of innovative strategies and ample financial resources allow business associations to exercise power in this environment. Drawing on new empirical evidence, the article makes three central contributions. First, I suggest that the failure of Remain business advocacy in the 2016 Brexit referendum resulted from the constraints of administrative legislation (the PPERA), weaknesses in campaigning strategies, and the CBI leadership’s decision to not register as a campaign organization. Second, while my regression analysis provides some support for Culpepper’s quiet politics argument, the Swiss business federation Economiesuisse has won 90% of the referendum campaigns it has led, including many referendums with high issue salience against right-wing populists. Third, Economiesuisse shows that business strategies of ‘loud voice’ can be successful. With money and innovative public-facing campaigning strategies, business organizations can win in noisy environments and against right-wing populists.
本文有助于讨论商业权力、嘈杂的政治和右翼民粹主义。民粹主义右翼削弱了安静政治的策略,许多人认为,这种策略导致了商业实力的急剧下降。我对这种观点提出了挑战,我认为,创新战略和充足的财务资源相结合,可以让商业协会在这种环境中行使权力。利用新的经验证据,本文做出了三个主要贡献。首先,我认为在2016年英国脱欧公投中,留欧企业倡导的失败是由于行政立法(PPERA)的限制、竞选策略的弱点以及CBI领导层决定不注册为竞选组织。其次,虽然我的回归分析为卡尔佩珀的“安静的政治”论点提供了一些支持,但瑞士经济联合会(Economiesuisse)在其领导的公投活动中赢得了90%的胜利,其中包括许多针对右翼民粹主义者的高度突出问题的公投。第三,瑞士经济表明,“大声说话”的商业策略是可以成功的。有了资金和创新的面向公众的竞选策略,商业组织可以在嘈杂的环境中战胜右翼民粹主义者。
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引用次数: 0
Economics as intervention: Expert struggles over quantitative easing at the Bank of England 经济学作为干预:专家们在英格兰银行的量化宽松政策上挣扎
2区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2023-11-09 DOI: 10.1093/ser/mwad060
Dylan Cassar
Abstract How does a technocratic entity, such as a central bank, craft a key policy intervention when faced with limits to established frameworks of governance? This article explores the Bank of England’s turn to unconventional policy in 2009 drawing on a set of eighteen in-depth interviews with former members of the Monetary Policy Committee, Executive team, and staff economists, and a corpus of documents. Adopting Goffman’s ‘framing analysis’, it argues that the limits to established governance led to the temporary replacement of the New Keynesian frame with a Monetarist frame, as a result of expert struggles, with consequential outcomes on the policy intervention. As the backstage dissensus spilled over onto the frontstage, manifesting as limits to knowledge, the Bank’s ‘expert authority’ was threatened. The Bank engaged in ‘manufactured consensus’—a backstage compromise between competing frames forged into a frontstage consensus via a hybrid frame—which proved to be a fragile strategy. By throwing light on the backstage–frontstage relations of technocratic organizations, I claim that an intervention may be shaped both by internal processes as well as by the ways in which the organization seeks to handle the external demands to which those very same internal processes may give rise.
当面临既定治理框架的限制时,技术官僚实体(如中央银行)如何制定关键的政策干预?本文通过对英国央行前货币政策委员会成员、执行团队和经济学家的18次深度访谈,以及大量文件,探讨了英国央行在2009年转向非常规政策。采用戈夫曼的“框架分析”,它认为,由于专家斗争的结果,既定治理的局限性导致新凯恩斯主义框架暂时被货币主义框架所取代,并对政策干预产生了相应的后果。随着后台的分歧蔓延到前台,表现为知识的局限,世行的“专家权威”受到了威胁。世行采用了“制造共识”——在竞争框架之间的幕后妥协,通过混合框架形成前台共识——这被证明是一种脆弱的战略。通过阐明技术官僚组织的后台-前台关系,我声称干预可能由内部过程以及组织寻求处理外部需求的方式来塑造,这些外部需求可能由这些内部过程引起。
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引用次数: 0
Pursuing an overarching commodification script through country-specific interventions? The EU’s New Economic Governance prescriptions in healthcare (2009–2019) 通过针对具体国家的干预措施追求全面的商品化方案?欧盟医疗保健新经济治理处方(2009-2019)
2区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2023-10-26 DOI: 10.1093/ser/mwad053
Sabina Stan, Roland Erne
Abstract After the 2008 financial crisis, the European Union (EU) introduced a New Economic Governance (NEG) regime, which enabled much more coercive interventions of EU executives in social policy areas hitherto shielded from them. This study assesses the policy orientation of their NEG prescriptions in healthcare for Germany, Ireland, Italy, and Romania from 2009 to 2019 and the potential for countervailing actions of labour movements. Acknowledging organized labour’s contribution to the making of decommodified healthcare systems after 1945, we ask if the NEG prescriptions were informed by an overarching healthcare commodification script, as this is a necessary (albeit not sufficient) condition for transnational counter-movements. Our analysis reveals that the country-specific NEG prescriptions of the European Commission and the Council followed an overarching commodification script, which especially targeted the countries that lagged behind in health service commodification. NEG thus represents a case of reversed differentiated integration, which provided both opportunities and challenges to transnational counter-movements.
2008年金融危机后,欧盟(EU)引入了新经济治理(NEG)制度,使欧盟高管能够在迄今为止被屏蔽的社会政策领域进行更具强制性的干预。本研究评估了2009年至2019年德国、爱尔兰、意大利和罗马尼亚在医疗保健方面的NEG处方的政策取向,以及劳工运动采取反补贴行动的可能性。承认有组织的劳工在1945年后对解构医疗保健系统的贡献,我们询问NEG处方是否受到总体医疗保健商品化脚本的影响,因为这是跨国反运动的必要(尽管不是充分)条件。我们的分析表明,欧盟委员会和理事会针对具体国家的NEG处方遵循了总体商品化脚本,特别针对在卫生服务商品化方面落后的国家。因此,NEG代表了一种反向差异化一体化的情况,它为跨国反运动提供了机遇和挑战。
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引用次数: 0
Closure and matching payoffs from college majors 大学专业的关闭和匹配回报
2区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2023-10-24 DOI: 10.1093/ser/mwad059
Dirk Witteveen, Paul Attewell
Abstract This article examines the undergraduate major as a closure mechanism in occupations among college graduates, using the American Community Surveys. We measure the college major density of occupations, termed “major specialization”, finding that greater major specialization of an occupation is associated with higher earnings, over and above previously identified closure devices (licensure, unionization, and vertical educational credentialing), and college selectivity. We conclude that major specialization operates as a powerful earnings-boosting closure device within higher-educated labor markets. Additional analyses regarding premiums from individuals matching their own college major with their occupation’s typical major indicate comparatively small earnings payoffs. Hence, deviating from one’s occupation’s usual credential does not generate a substantial earnings penalty. Furthermore, payoffs from major-occupation matching have a ceiling: there is no further payoff above the average match level. These findings demonstrate how occupational closure theory helps explain the substantial earnings advantages of certain college majors in the labor force.
摘要:本文利用美国社区调查研究了本科专业作为大学毕业生职业关闭机制。我们测量了职业的大学专业密度,称为“专业专业化”,发现一个职业的专业专业化程度越高,收入越高,超过了之前确定的封闭手段(执照、工会组织和垂直教育证书)和大学选择性。我们得出的结论是,在高学历劳动力市场中,专业专业化是一种强大的促进收入增长的封闭机制。另外一项关于将自己的大学专业与职业典型专业相匹配的个人溢价的分析表明,收入回报相对较小。因此,偏离一个人的职业通常的证书不会产生实质性的收入损失。此外,专业职业匹配的收益有一个上限:在平均匹配水平之上没有进一步的收益。这些发现证明了职业封闭理论如何有助于解释劳动力中某些大学专业的实质性收入优势。
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引用次数: 0
Digital creatives and digital engineers: entrepreneurial firms, institutional context, and the organization of innovation 数字创意和数字工程师:创业公司、制度背景和创新组织
2区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2023-10-18 DOI: 10.1093/ser/mwad057
Marcela Miozzo, Cornelia Storz, Steven Casper
Abstract The comparative capitalisms literature has developed an increasingly dynamic approach to conceptualizing capitalism variety, and has suggested mechanisms to explain shifts in institutional practices under the surface of formal stability of the institutional context. Less is known, however, about how new entrepreneurial firms engage with institutions to develop organizational arrangements needed to support their innovation activities. Such engagement with institutions can represent sources of heterogeneity within and across national institutional contexts, with incremental changes in practices resulting, in some instances, in major transformations in institutions over time. We draw on a study of fifty-three independent mobile games firms in the USA and Japan and the structures and processes used by these firms to develop innovative activities in their institutional context. Our research advances our understanding of organizational diversity and institutional change in two ways. First, our study identifies two new ‘variants’ of how entrepreneurial firms organize their innovation activities in their institutional context—digital creatives and digital engineers. Second, we characterize the mechanisms through which entrepreneurial firms engage and respond to institutions that support the establishment of these variants—defecting, intensifying, and positioning vis-à-vis large firms.
比较资本主义文献已经发展出一种越来越有活力的方法来概念化资本主义的多样性,并提出了解释制度背景下形式稳定性表面下制度实践变化的机制。然而,对于新的创业公司如何与机构合作,制定支持其创新活动所需的组织安排,人们知之甚少。这种与机构的接触可能是国家机构内部和国家机构之间异质性的来源,在某些情况下,实践的渐进变化会导致机构随着时间的推移发生重大转变。我们研究了美国和日本的53家独立手机游戏公司,以及这些公司在其机构背景下开发创新活动所使用的结构和流程。我们的研究从两个方面促进了我们对组织多样性和制度变革的理解。首先,我们的研究确定了创业公司如何在其制度背景下组织创新活动的两种新的“变体”——数字创意人员和数字工程师。其次,我们描述了创业公司参与并回应支持这些变体建立的机构的机制——背叛、强化和定位-à-vis大公司。
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引用次数: 0
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Socio-Economic Review
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