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Wage Equalization and Regional Misallocation : Evidence from Italian and German Provinces
Boeri, Tito - 2019
Italy and Germany have similar geographical differences in productivity - North more productive than South in Italy …; West more productive than East in Germany - but have adopted different models of wage bargaining. Italy sets wages based on … nationwide contracts that allow for limited local wage adjustments, while Germany has moved toward a more flexible system that …
Persistent link: https://www.econbiz.de/10012479565
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The German Model of Industrial Relations : Balancing Flexibility and Collective Action
Jäger, Simon; Noy, Shakked; Schoefer, Benjamin - National Bureau of Economic Research - 2022
pillars of the model: sectoral collective bargaining and firm-level codetermination. Relative to the United States, Germany …-level distributional conflict. Relative to other European countries, Germany makes it easy for employers to avoid coverage or use …
Persistent link: https://www.econbiz.de/10013362031
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Learning-by-Producing and the Geographic Links Between Invention and Production : Experience From the Second Industrial Revolution
Sutthiphisal, Dhanoos - 2006
This paper investigates the impact of ¡§learning-by-producing¡¨ on inventive activity and shows that, in both emerging (electrical equipment and supplies) and maturing (shoes and textiles) industries, the geographic association between invention and production was rather weak during the...
Persistent link: https://www.econbiz.de/10012466195
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The Long-Term Effects of Industrial Policy
Choi, Jaedo; Levchenko, Andrei A. - National Bureau of Economic Research - 2021
This paper provides causal evidence of the impact of industrial policy on firms' long-term performance and quantifies industrial policy's long-term welfare effects. Using a natural experiment and unique historical data during the Heavy and Chemical Industry (HCI) Drive in South Korea, we find...
Persistent link: https://www.econbiz.de/10012629483
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Productivity Effects of TVE Privatization : The Case Study of Garment and Metal Casting Enterprises in the Greater Yangtze River Region
Sonobe, Tetsushi - 2003
While it is by now well known that the privatization of township- and village-run enterprises (TVREs) has been rapidly and widely taking place in China, it is much less known whether and to what extent privatization has improved resource allocation and productivity. As a first step toward the...
Persistent link: https://www.econbiz.de/10012469077
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Investment in Capital Assets and Economic Performance : The U.S. Chemicals and Primary Metals Industries in Transition
Morrison, Catherine J. - 1991
The effects of market and technological conditions on the investment and markup behavior of firms, and their resulting impacts on economic performance, are closely interrelated and complex. In this paper determinants of and linkages among these are explored for two industries with very different...
Persistent link: https://www.econbiz.de/10012475165
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Uncertainty and Labor Contract Durations
Rich, Robert - 2000
This paper provides an empirical investigation into the relationship between ex ante U.S. labor contract durations and uncertainty over the period 1970 to 1995. We construct measures of inflation uncertainty as well as aggregate nominal and real uncertainty. The results not only corroborate...
Persistent link: https://www.econbiz.de/10012471019
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The Impact of Deregulation on the Employment and Wages of Airline Mechanics
Card, David - 1986
This paper describes the effects of deregulation on negotiated wage rates and employment levels of aircraft mechanics in the scheduled airline industry. Firm-specific data for the incumbent trunk airlines show relatively small changes in real wage rates since deregulation,and only recent...
Persistent link: https://www.econbiz.de/10012477229
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Optimal Wage Re-Negotiation
Aizenman, Joshua - 1984
This paper investigates an economy in which there are short-term wage contracts that are re-negotiated under certain conditions. This paper determines the optimal frequency of wage re-negotiation and shows that it depends positively on measures of aggregate variability and Phillips curve slope....
Persistent link: https://www.econbiz.de/10012477817
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Union Wage Settlements During a Disinflation
Taylor, John B. - 1982
This paper examines the role of union wage contracts in the persistence of inflation, and the implication of these contracts for the problem of disinflation in the United States. A quantitative model of overlapping con- tracts explicitly oriented toward the major union sector is developed. The...
Persistent link: https://www.econbiz.de/10012478120