Showing 1 - 10 of 15
Unions are often stigmatized as being a source of inefficiency due to higher collective bargaining outcomes. This is in …
Persistent link: https://www.econbiz.de/10010438358
We provide a comprehensive overview of codetermination, i.e., worker representation in firms' governance and management. We cover the institution’s history, implementation, and the best available evidence on its economic impacts. We argue that existing quasi-experimental estimates suggest that...
Persistent link: https://www.econbiz.de/10012550209
When employers face a trade-off between growing large and paying low wages - that is, when they have monopsony power - some productive employers will decide to acquire fewer customers, forgo sales, and remain small. These decisions have adverse consequences for aggregate labor productivity....
Persistent link: https://www.econbiz.de/10013201697
This paper brings together the modern literatures on monopsony power and labor unions by empirically examining the … of unions as alleviating market failures induced by imperfect competition. To validate our findings and examine …
Persistent link: https://www.econbiz.de/10012745267
institutional channel for the political effects of trade shocks: the weakening of labor unions. We provide support for this … mechanism in two steps. First, we show that union presence - proxied by the number of workers directly employed by unions, by … political parties with historical links to unions. Furthermore, the impact of the trade liberalization on the vote share of …
Persistent link: https://www.econbiz.de/10012668994
This paper shows that labor market institutions are important for the formation of new enterprises. The effects of 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...
Persistent link: https://www.econbiz.de/10009781656
Do employees benefit from worker representation on corporate boards? Economists and policymakers are keenly interested in this question – especially lately, as worker representation is widely promoted as an important way to ensure the interests and views of the workers. To investigate this...
Persistent link: https://www.econbiz.de/10012392177
, we go over some more recent ones. When a strike changes the future strategic positions of unions relative to firms …
Persistent link: https://www.econbiz.de/10012299563
We consider an economy characterised by involuntary unemployment among low skilled workers, and investigate the implications for employment and income of welfare schemes often advocated as less distortionary. We show that reducing unemployment benefits in favour of income subsidies (social...
Persistent link: https://www.econbiz.de/10011624217
This paper proposes an explanation of why union membership has been increasing in some occupations, despite the opportunity to freeride on traditional union benefits. I model membership as legal insurance whose demand increases with the perceived risk of allegations. Using media reports on...
Persistent link: https://www.econbiz.de/10011611206