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Labor market pooling, outsourcing and labor contracts

Picard, Pierre M.; Wildasin, David E. - 2009

Economic regions, such as urban agglomerations, face external demand and price shocks that produce income risk. Workers in large and diversified agglomerations may benefit from reduced wage volatility, while firms may outsource the production of intermediate goods and realize benefits from...

Persistent link: https://www.econbiz.de/10010265995

The Distribution of Talent and the Pattern and Consequences of International Trade

Grossman, Gene - 2002

In an economy with imperfect labor contracts, differences in the distribution of talent can be an independent source of comparative advantage. I study a world economy with two activities, one in which an individual's contribution to production can be measured accurately and another in which...

Persistent link: https://www.econbiz.de/10010315375

Employee Performance and Mental Well-Being: The Mitigating Effects of Transformational Leadership during Crisis

Czura, Kristina; Englmaier, Florian; Ho, Hoa; Spantig, Lisa - 2023

The positive role of transformational leadership on productivity and mental well-being has long been established. Transformational leadership behavior may be particularly suited to navigate times of crisis which are characterized by high levels of complexity and uncertainty. We exploit...

Persistent link: https://www.econbiz.de/10014377408

What Does Codetermination Do?

Jäger, Simon; Noy, Shakked; Schoefer, Benjamin - 2021

interact with other labor market institutions, such as union representation and collective bargaining. We close by discussing …

Persistent link: https://www.econbiz.de/10013221177

Measuring "Group Cohesion" to Reveal the Power of Social Relationships in Team Production

Gaechter, Simon; Starmer, Chris; Tufano, Fabio - 2022

We introduce “group cohesion” to study the economic relevance of social relationships in team production. We operationalize measurement of group cohesion, adapting the “oneness scale” from psychology. A series of experiments, including a pre-registered replication, reveals strong...

Persistent link: https://www.econbiz.de/10014076998

Leadership and Climate Policy

Mideksa, Torben K. - 2021

This paper examines leadership in relation to supplying a global public good. Both the Kyoto Protocol and the Paris Agreement encourage the developed countries to take a lead in reducing emissions. Does a country benefit from taking a lead? When does leadership improve global welfare? The answer...

Persistent link: https://www.econbiz.de/10013229693

Price vs. Quantity Competition in a Vertically Related Market Revisited

Basak, Debasmita; Mukherjee, Arijit - 2016

In a recent paper, Alipranti et al. (2014, Price vs. quantity competition in a vertically related market, Economics Letters, 124: 122-126) show that in a vertically related market Cournot competition yields higher social welfare compared to Bertrand competition if the upstream firm subsidises...

Persistent link: https://www.econbiz.de/10011584921

Are World Leaders Loss Averse?

Gould, Matthew; Rablen, Matthew D. - 2019

aversion (λ = 4:4) in the Qualified Majority rule in the Treaty of Lisbon, when understood as a Nash bargaining outcome. World …

Persistent link: https://www.econbiz.de/10012052869

A stochastic multiple players multi-issues bargaining model for the Piave river basin

Sgobbi, Alessandra; Carraro, Carlo - 2007

The objective of this paper is to investigate the usefulness of non-cooperative bargaining theory for the analysis of … multilateral, multiple issues, non-cooperative bargaining model of water allocation in the Piave River Basin, in the North East of … problem and conduct comparative static analyses to assess sources of bargaining power. Finally, we explore the implications of …

Persistent link: https://www.econbiz.de/10010264274

Wage and employment effects of non-binding minimum wages

Dittrich, Marcus; Knabe, Andreas - 2010

bargaining models between unions and firms. While the Nash bargaining solution is unaffected by minimum wages below initially … bargained wages, we show that such minimum wages can drive up wages - and be harmful to employment - when bargaining follows the …

Persistent link: https://www.econbiz.de/10010270871