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Union Bargaining Power and Product Innovation : Relevance of the Preference Function

Basak, Debasmita - 2014

We show the effects of the bargaining power of labour unions on product innovation under decentralised and centralised wage bargaining. In this context, we show the implications of preference function, which affects the market size. A higher union bargaining power increases innovation if...

Persistent link: https://www.econbiz.de/10013045339

Dynastic Entrepreneurship, Entry, and Non-Compete Enforcement

Rauch, James E. - 2015

We investigate entry in a dynastic entrepreneurship (overlapping generations) environment created by employee spinoffs. Without finance constraints, enforcement of non-compete agreements unambiguously improves social welfare outcomes, and even increases the rate of spinoffs from original firms....

Persistent link: https://www.econbiz.de/10013021433

The Bazaar Effect, Unbundling of Comparative Advantage, and Migration

Kohler, Wilhelm - 2007

with high-skilled and low-skilled labor. I address wage and welfare effects under flexible wages, and under a minimum wage …

Persistent link: https://www.econbiz.de/10012777491

Learning from the Past : Trends in Executive Compensation over the Twentieth Century

Frydman, Carola - 2021

In recent years, a large academic debate has tried to explain the rapid rise in CEO pay experienced over the past three decades. In this article, I review the main proposed theories, which span views of compensation as the result of a competitive labor market for executives to theories based on...

Persistent link: https://www.econbiz.de/10013316448

Restrictive Immigration Policy in Germany : Pains and Gains Foregone?

Felbermayr, Gabriel J.; Geis, Wido; Kohler, Wilhelm - 2021

Many European countries restrict immigration from new EU member countries. The rationale is to avoid adverse wage and employment effects. We quantify these effects for Germany. Following Borjas (2003), we estimate a structural model of labor demand, based on elasticities of substitution between...

Persistent link: https://www.econbiz.de/10013316525

Returns to ICT Skills

Falck, Oliver - 2016

How important is mastering information and communication technology (ICT) in modern labor markets? We answer this question with unique data on ICT skills tested in 19 countries. Our two instrumental-variable models exploit technologically induced variation in broadband Internet availability that...

Persistent link: https://www.econbiz.de/10012997356

Wages and Employment : The Role of Occupational Skills

Girsberger, Esther Mirjam - 2018

How skills acquired in vocational education and training (VET) affect wages and employment is not clear. We develop and … wages. We find that firms value cognitive skills on average almost twice as much as interpersonal and manual skills, and … they prize complementarity in cognitive and interpersonal skills. The average return to VET skills in hourly wages is 9 …

Persistent link: https://www.econbiz.de/10012912688

North-South Technology Transfer in Unionised Multinationals

Lommerud, Kjell Erik - 2010

We study how incentives for North-South technology transfers in multinational enterprises are affected by labour market institutions. If workers are collectively organised, incentives for technology transfers are partly governed by firms' desire to curb trade union power. This will affect not...

Persistent link: https://www.econbiz.de/10013135262

Product and Labor Market Deregulation in Unionized Oligopoly with Asymmetric Countries

Egger, Hartmut - 2011

This paper sets up a general oligopolistic equilibrium trade model for two integrated countries that are similar in all respects except of the prevailing labor market institutions. In one country, the labor market is perfectly competitive, while in the other country labor unions are active in a...

Persistent link: https://www.econbiz.de/10013119394

Optimal Income Taxation in Unionized Labor Markets

Hummel, Albert Jan - 2018

unions can be desirable for income redistribution. Unions bargain with firms over wages in each sector and firms unilaterally …

Persistent link: https://www.econbiz.de/10012910614

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