Showing 1 - 10 of 27
We model cooperation between an employer and a workers' union as an equilibrium in an infinitely repeated game with discounting and imperfect monitoring. The employer has private information about firm profitability. The model explains the incidence and duration of strikes, as well as the...
Persistent link: https://www.econbiz.de/10005791411
This article advances a new conception of labour history as the history of industrial relations, understood broadly as the changing relationships between workers, trade unions, employers and the state. The first half of the paper examines the major interpretative traditions in British labour...
Persistent link: https://www.econbiz.de/10005791914
The paper contains a thorough review of explanations for the weak British growth performance of the 1950s through the 1970s and an assessment of the long-term implications of the 1980s attempt to escape from relative decline. The analysis draws on recent work in growth theory and places...
Persistent link: https://www.econbiz.de/10005792362
This Paper investigates whether the industrial relations climate in Indian states has affected the pattern of manufacturing growth in the period 1958-92. We show that pro-worker amendments to the Industrial Disputes Act are associated with lowered investment, employment, productivity and output...
Persistent link: https://www.econbiz.de/10005114329
Since the days of Henry Ford the automobile industry has served as a model of economic expansion and technological progress based on mass production. But from the mid-1970s, sweeping changes in markets and technology have transformed international competitive conditions and spurred automobile...
Persistent link: https://www.econbiz.de/10005281388
Some 300 profit-sharing schemes were introduced in Britain between 1865 and 1913. These were intended both to raise labour productivity and to improve industrial relations in the firms concerned. These schemes appear to have increased significantly the wages of eligible workers but were...
Persistent link: https://www.econbiz.de/10005656141
A model of the labour market under firing restrictions and endogenous quits is constructed. It is shown that in the spirit of Blanchard and Summers (1988), the model can generate multiple equilibria, with a low-quits/high-unemployment equilibrium coexisting with a high-quits/low-unemployment...
Persistent link: https://www.econbiz.de/10005791589
The macroeconomic effects of different ways of rolling back the welfare state are analysed. Cutting public spending on market goods induces a lower interest rate, a higher wage, a lower capital stock and a fall in employment. Cutting public employment or the labour income tax rate leads, in...
Persistent link: https://www.econbiz.de/10005791753
This paper analyses the interplay between social structure and information exchange in two competing activities, crime and labour. We consider a dynamic model in which individuals belong to mutually exclusive two-person groups, referred to as dyads. There are multiple equilibria. If jobs are...
Persistent link: https://www.econbiz.de/10005792082
In this paper we look at the effects of immigration and trade with Eastern Europe on unemployment in Austria. Using individual data over the period 1989-92 of male blue-collar workers employed in the Austrian manufacturing sector, we decompose possible detrimental impacts in unemployment entry...
Persistent link: https://www.econbiz.de/10005792204