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In a corporatist country, of which the Netherlands is an example, wages should not be distinguished by union membership status, but by the bargaining regime. Four bargaining regimes can be distinguished: (i) company level bargaining, (ii) industry level bargaining, (iii) mandatory extension of...
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This paper presents an alternative implementation of firm-level collective wage bargaining, where bargaining proceeds as a finite sequence of sessions between a firm and a union of variable size. We investigate the impact of such a `gradual' union on the wage-employment contract in an economy...
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Unemployment remains a major economic and social problem in many developedeconomies. Thispaper provides theoretical and empirical perspectives on the impact of labourmarket deregulation as a means of combatting unemployment and of enhancing competitivewage determination. The paper focusses...
Persistent link: https://www.econbiz.de/10011300559
quality of start-ups. The basic hypothesis is that flexibility enhances the long run prospects of the small firm. This is … in Scotland. New measures of flexibility and turbulence are used to explain the performance of mature small firms. These … 28 distinct attributes.Econometric estimates are reported on the relationship between flexibility, turbulence and …
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investments and determines the degree of flexibility to change the policy after investments have been made. This adds … redistributive concerns to the trade-off between commitment and flexibility. When a majority of citizens invest, redistributive …
Persistent link: https://www.econbiz.de/10014369623