Emmons, William R.; Schmid, Frank A. - Federal Reserve Bank of St. Louis - 2001
beginning at about that time through underinvestment, overstaffing, and costly migration of business activity away from firms … performance
beginning at about that time through underinvestment, overstaffing, and costly
migration of business activity away … business activity away from codetermined firms
A rational response by shareholders facing entrenched labor in codetermined …