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The authors examine the role of organized labor in the restructuring experience of two coal-mining regions in the Czech … early gradual restructuring, whereas the Jiu Valley region in Romania did not undertake restructuring until 1997, which was …, labor-market conditions, and constraints in compensating laid-off miners. They show that the belated restructuring in the …
Persistent link: https://www.econbiz.de/10005808637
We examine the role of organized labor in the restructuring experience of two coal mining regions in the 1990’s … undertook gradual restructuring from early on whereas in Jiu Valley there was no restructuring until 1997, followed by massive … conditions, and the constraints in compensating the laid-off miners. We show that the delay in restructuring in Jiu Valley was …
Persistent link: https://www.econbiz.de/10005677579
We conduct a case study of the role of organized labor in the restructuring experience of two coal mining regions in … region undertook gradual restructuring from early on whereas in Jiu Valley there was no restructuring until 1997, followed by … massive layoffs over two years. Our quantitative exercise shows that the delay in restructuring in Jiu Valley was grossly …
Persistent link: https://www.econbiz.de/10014064674
We present a model of wage contract violation that implies a possibility of multiple equilibria in the level of arrears. Positive feedback arises because each employer's arrears affect the costs of late payment faced by other employers operating in the same labor market, resulting in a network...
Persistent link: https://www.econbiz.de/10010262404
During the transition from plan to market, managers and politicians succeeded in maintaining control of large parts of … ability to influence law enforcement. Our econometric results, for about 950 firms in five transition economies, provide …
Persistent link: https://www.econbiz.de/10010267582
We analyze a model of wage delay in which strategic complementarity arises because each employer's costs of violating its contracts decrease with the arrears in its labor market. The model is estimated on panel data for workers and firms in Russia, facilitating identification through fixed...
Persistent link: https://www.econbiz.de/10010287986
We present a model of neighborhood effects in wage payment delays. Positive feedback arises because each employer's arrears affect the late payment costs faced by other firms in the same local labor market, resulting in a strategic complementarity in the practice. The model is estimated on panel...
Persistent link: https://www.econbiz.de/10010288020
We present a model of neighborhood effects in wage payment delays. Positive feedback arises because each employer’s arrears affect the late payment costs faced by other firms in the same local labor market, resulting in a strategic complementarity in the practice. The model is estimated on...
Persistent link: https://www.econbiz.de/10005784666
, politically and economically strong conglomerates in transition and developing countries. The model predicts that oligarchs are …
Persistent link: https://www.econbiz.de/10005763656
During the transition from plan to market, managers and politicians succeeded in maintaining control of large parts of … ability to influence law enforcement. Our econometric results, for about 950 firms in five transition economies, provide …
Persistent link: https://www.econbiz.de/10005677394