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Enterprise formation and labor market institutions
Kanniainen, Vesa; Vesala, Timo - 2000
The paper introduces a model of enterprise formation in a unionized economy with labor protection and wage bargaining. Enterprise formation is subject to future market risk and is shaped by labor market institutions in the post-entry stage. The predictions of the model are tested in...
Persistent link: https://www.econbiz.de/10009781640
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Entrepreneurship in a unionised economy
Leppämäki, Mikko; Kanniainen, Vesa - 2000
labor market institutions on entrepreneurship, wage determination, and firm size are analysed analytically and illustrated … numerically. The main result is that an increase in union power reduces the equilibrium rate of entrepreneurship and reduces the …
Persistent link: https://www.econbiz.de/10009781656