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We analyze a labor market with search and matching frictions where wage setting is controlled by a monopoly union. We take a benevolent view of the union, assuming it to care equally about employed and unemployed workers, to treat identical workers in identical jobs the same, as well as to be...
Persistent link: https://www.econbiz.de/10010951384
model of unions is developed to analyze these phenomena. There is a distribution of firms in the economy. Firms hire capital …
Persistent link: https://www.econbiz.de/10011271477
economics of unions. Furthermore, it generates evidence from the service sector, which has grown in importance and where …
Persistent link: https://www.econbiz.de/10009421986
The standard theoretical solution to the observation of substantial turnout in large elections is that individuals receive utility from the act of voting. However, this leaves open the question of whether or not there is a significant margin on which individuals consider the effect of their vote...
Persistent link: https://www.econbiz.de/10008634674
bargaining between unions and heterogenous firms that differ with respect to their productivity. Union bargaining power raises …
Persistent link: https://www.econbiz.de/10005710231
A transformation of what had become a universal 40 hour standard work week in Germany began in 1985 with reductions negotiated in the metal-working and printing sectors. These reductions have continued through 1995, and were followed by reductions in other sectors. The union campaign aimed to...
Persistent link: https://www.econbiz.de/10005710916
This paper summarizes and extends our recent work using life satisfaction regressions to estimate the relative values of financial and non-financial job characteristics. The well-being results show strikingly large values for non-financial job characteristics, especially workplace trust and...
Persistent link: https://www.econbiz.de/10005714136
This paper applies principles from evolutionary biology to the study of unions. We show that unions which maximize the … present discounted wages of current members will be displaced in evolutionary competition by unions with more moderate wage … policies that allow their firms to live longer. This suggests that unions with constitutional incumbency advantages that allow …
Persistent link: https://www.econbiz.de/10005714337
unions representing municipal employees work for the implementation of living wage laws to maintain or increase rents. By … out work that would otherwise be done by municipal employees, hence increasing the bargaining power of municipal unions …
Persistent link: https://www.econbiz.de/10005714382
This paper develops a model of a small open economy that produces an export good with domestic labour and imported energy and is stuck in an unemployment situation resulting from an excessive fixed net-of-tax wage rate. We study a revenue-neutral green tax reform that substitutes energy for wage...
Persistent link: https://www.econbiz.de/10005718482