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Negotiations of Oil and Gas Auxiliary Lease Clauses : Evidence from Pennsylvania's Marcellus Shale
Harleman, Max; Manohar, Pramod; Hill, Elaine L. - National Bureau of Economic Research - 2022
Oil and gas lease negotiations provide mineral owners the opportunity to negotiate for both compensation and auxiliary clauses that may protect their health and properties. We use optical character recognition to assemble a novel dataset of compensation and specific clauses in nearly 60,000...
Persistent link: https://www.econbiz.de/10013477298
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The Effect of Offer-of-Settlement Rules on the Terms of Settlement
Bebchuk, Lucian Arye - 2000
bargaining under offer-of-settlement rules that can be used to analyze the effect that such rules have on the terms of settlement …
Persistent link: https://www.econbiz.de/10012471084
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Wage-Setting Institutions as Industrial Policy
Davis, Steven J. - 2000
Centralized wage-setting institutions compress relative wages. Motivated by this fact, we investigate the effects of centralized wage setting on the industry distribution of employment. We examine Sweden's industry distribution from 1960 to 1994 and compare it to the U.S. distribution over the...
Persistent link: https://www.econbiz.de/10012471274
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The Effect of Unions on Employment : Evidence from an Unnatural Experiment in Uruguay
Cassoni, Adriana - 2000
banned (1973-1984), then legalized with tripartite bargaining (1984-1991) followed by industry-wide or firm …-specific bargaining (1992-1997). The relationship between wages and employment shifted significantly across these periods as evidenced by …-output elasticity fell sharply after 1984. - Unions significantly raised wages in 1985-1992, but afterwards the change in bargaining …
Persistent link: https://www.econbiz.de/10012471275
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The Role of Shocks and Institutions in the Rise of European Unemployment : The Aggregate Evidence
Blanchard, Olivier - 1999
Two key facts about European unemployment must be explained: the rise in unemployment since the 1960s, and the heterogeneity of individual country experiences. While adverse shocks can potentially explain much of the rise in unemployment, there is insufficient heterogeneity in these shocks to...
Persistent link: https://www.econbiz.de/10012471501
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The Self-Enforcing Provisions of Oil and Gas Unit Operating Agreements : Theory and Evidence
Libecap, Gary D. - 1999
importance of incentive-compatibility and self-enforcement and the bargaining problems faced in achieving viable, long …
Persistent link: https://www.econbiz.de/10012471652
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Staggered Price and Wage Setting in Macroeconomics
Taylor, John B. - 1998
This paper reviews the role of temporary price and wage rigidities in explaining the dynamic relationship between money, real output, and inflation. It summarizes microeconomic data on price and wage setting behavior, and argues that staggered price and wage setting models provide the most...
Persistent link: https://www.econbiz.de/10012472059
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Lobbying and Legislative Bargaining
Helpman, Elhanan - 1998
We examine the effects of the interaction between lobbying and legislative bargaining on policy formation. Two systems … bargaining. Second, we show that in congressional systems the resulting policies are strongly skewed in favor of the agenda …
Persistent link: https://www.econbiz.de/10012472221
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Cyclical Movements in Wages and Consumption in a Bargaining Model of Unemployment
Rotemberg, Julio J. - 1998
This paper considers a model where individual workers bargain with firms over their wages and where their bargaining …
Persistent link: https://www.econbiz.de/10012472360
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The Cost of Diversity : The Diversification Discount and Inefficient Investment
Rajan, Raghuram - 1998
In a simple model of capital budgeting in a diversified firm where headquarters has limited power, we show that funds are allocated towards the most inefficient divisions. The distortion is greater the more diverse are the investment opportunities of the firm's divisions. We test these...
Persistent link: https://www.econbiz.de/10012472450