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Trade Union Membership and Dismissals
Goerke, Laszlo - 2010
In Germany, there is no trade union membership wage premium, while the membership fee amounts to 1% of the gross wage. Therefore, prima facie, there are strong incentives to free-ride on the benefits of trade unionism. We establish empirical evidence for a private gain from trade union...
Persistent link: https://www.econbiz.de/10013137398
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Optimal Income Taxation in Unionized Labor Markets
Hummel, Albert Jan - 2018
This paper extends the Diamond (1980) model with labor unions to study optimal income taxation and to analyze whether unions can be desirable for income redistribution. Unions bargain with firms over wages in each sector and firms unilaterally determine employment. Unions raise the efficiency...
Persistent link: https://www.econbiz.de/10012910614
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Unemployment Insurance in Unionized Labor Markets : Neither Ghent Nor Centralized
Saha, David - 2015
This paper analyzes unemployment insurance (UI) schemes in the presence of mobile workers and trade unions at industry or regional level that are capable of internalizing the effect of wage demands on UI contribution rates. We compare two types of existing UI systems. When UI is organized at...
Persistent link: https://www.econbiz.de/10013019042
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Trade and Unions : Can Exporters Benefit from Collective Bargaining?
Capuano, Stella - 2014
Unions are often stigmatized as being a source of inefficiency due to higher collective bargaining outcomes. This is in stark contrast with the descriptive evidence presented in this paper. Larger firms choose to export and are also more likely to adopt collective bargaining. We rationalize...
Persistent link: https://www.econbiz.de/10013040479
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Trade Unions Go Global!
Donado, Alejandro; Wälde, Klaus - 2021
Worker movements played a crucial role in making workplaces safer. Workplace safety is costly for firms but increases labour supply. A laissez-faire approach leaving safety of workplaces unknown is suboptimal. Safety standards set by better-informed trade unions are output and welfare...
Persistent link: https://www.econbiz.de/10013316484
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International Trade, Union Wage Premia, and Welfare in General Equilibrium
Kreickemeier, Udo - 2011
We study how two distinct forms of globalisation, trade cost reductions and opening up of trade in previously shielded sectors, affect sector-specific wages, employment levels and aggregate welfare in a two-country model of general oligopolistic equilibrium (GOLE) with partly unionised labour...
Persistent link: https://www.econbiz.de/10013127629
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Stock Market Returns, Corporate Governance and Capital Market Equilibrium
Parigi, Bruno Maria; Pelizzon, Loriana; von Thadden, … - 2021
This paper proposes a theoretical model that incorporates corporate governance into the basic CAPM, where corporate governance affects the disutility of managerial effort and the possibility of managers to divert company resources. It shows that corporate governance affects firms’ stock...
Persistent link: https://www.econbiz.de/10013315674
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Stock Market Returns, Corporate Governance and Capital Market Equilibrium
Parigi, Bruno Maria; Pelizzon, Loriana; Thadden, … - CESifo - 2013
This paper proposes a theoretical model that incorporates corporate governance into the basic CAPM, where corporate governance affects the disutility of managerial effort and the possibility of managers to divert company resources. It shows that corporate governance affects firms’ stock...
Persistent link: https://www.econbiz.de/10010720638
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Stakeholder Governance, Competition and Firm Value
Allen, Franklin - 2014
In many countries, the legal system or social norms ensure that firms are stakeholder oriented. We analyze the … advantages and disadvantages of stakeholder-oriented firms that are concerned with employees and suppliers compared to … shareholder-oriented firms in a model of imperfect competition. Stakeholder firms are more (less) valuable than shareholder firms …
Persistent link: https://www.econbiz.de/10013057260
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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