Purpose: The purpose of this paper is to focus on the role of unions for job flow rates. Design/methodology/approach: The author uses a longitudinal data set emphasizing the importance of the time dimension. Findings: Using the fixed effects estimator, the author finds that unions decrease the...

In this paper, we analyze the consequences of delays and cost overruns typically associated with the provision of public infrastructure in the context of a growing economy. Our results indicate that uncertainty about the arrival of public capital can more than offset its positive spillovers for...