cares for wages and employment, we determine a range of trade union objectives and characterize the aggregate technology so …

) A redistribution of income from rich to poor (by means of progressive taxation) leads to higher employment and such a … their employment) and a purchasing power effect (that creates an incentive for mass production and raises aggregate … employment) with ambiguous net effects. (v) The economy may feature multiple equilibria where full-employment and unemployment …

always reduces employment in the material goods sector. International trade may reduce wages in poor countries and increase …

reduces profits and and output. Employment effects are sensitive to the representation of preferences. In our benchmark, small … reductions in working time, starting from the laissez-faire equilibrium solution, always increase employment, while larger … reductions reduce employment. However, the employment gains from reducing working time are relatively small …

with agency problems, imperfect product market competition and worker bargaining which makes clear predictions on how the … labour share, employment and wages respond to privatization and other regulatory changes. We exploit cross-country panel data …

This paper investigates the impact of innovation on employment using a panel of UK manufacturing firms and a headcount … bargaining models. It also argues that the innovation effect can be used to distinguish between shirking models and union … bargains. Innovation is found to have positive effect on company employment raising it by 9--12% in the short run and up to 40 …

opportunities differ across workers determine simultaneously the long-run level of employment and the long-run rate of growth. We … rates but not necessarily less employment. The effects of redistributive policy measures among workers depend on the form of … redistribution. Subsidization of education increases employment and growth. Redistribution through the tax and benefit system or …

than output, while employment shows a persistent decline. This finding has raised doubts concerning the relevance of the … economy, the flexible price RBC model can match the negative conditional correlation between productivity and employment quite …

This Paper studies the impact of wage growth on the evolution of employment in an intertemporal general … is the common growth rate of consumption, demand, and output. In these steady-state equilibria employment contracts at a … equality of wage growth and productivity growth is a condition for constant employment. …