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Collective bargaining under non-binding contracts

Dobbelaere, Sabien; Luttens, Roland Iwan - 2011

We introduce collective bargaining in a static framework where the firm and its risk-neutral employees negotiate over wages in a non-binding contract setting. Our main result is the equivalence between the non-binding collective equilibrium wage-employment contract and the equilibrium contract...

Persistent link: https://www.econbiz.de/10009230679

Dynamics of intrahousehold bargaining

Andaluz Funcia, Joaquín (contributor); … - 2008

This paper studies the dynamics of bargaining in an intrahousehold context. To explore long-term partner relationships, we analyse bilateral bargaining by considering that spouses take decisions sequentially. We conclude that a greater valuation of the present, rather than the future, for the...

Persistent link: https://www.econbiz.de/10003762204

Intra firm bargaining and shapley values

Bruegemann, Bjoern; Gautier, Pieter; Menzio, Guido - 2015

The paper revisits the problem of wage bargaining between a firm and multiple workers. We show that the Subgame Perfect Equilibrium of the extensive-form game proposed by Stole and Zwiebel (1996a) does not imply a profile of wages and profits that coincides with the Shapley values as claimed in...

Persistent link: https://www.econbiz.de/10011317659

A measure of well-being efficiency based on the world happiness report

Sarracino, Francesco; O'Connor, Kelsey J. - 2022

We estimate a measure of well-being efficiency that assesses countries' ability to transform inputs into subjective … Analysis to a sample of 126 countries. Efficiency scores reveal that high ranking subjective well-being countries, such as the … Nordics, are not strictly the most efficient ones. Also, the scores are uncorrelated with economic efficiency. This suggests …

Persistent link: https://www.econbiz.de/10013431350

The performance of performance standards

Heckman, James J.; Heinrich, Carolyn J.; Smith, Jeffrey A. - 2002

This paper examines the performance of the JTPA performance system, a widely emulated model for inducing efficiency in … weakly, and sometimes perversely, related to long run impacts and (b) that the efficiency gains or losses from cream skimming …

Persistent link: https://www.econbiz.de/10011412037

How falsifiable is the collective model? : a new test with an application to monogamous and bigamous households in Burkina Faso

Dauphin, Anyck; Fortin, Bernard; Lacroix, Guy - 2015

. We conclude that the household efficiency does yield empirically falsifiable restrictions despite being scarcely rejected …

Persistent link: https://www.econbiz.de/10010513435

Learning efficiency of economics students

Zimmermann, Klaus F.; Bauer, Thomas K. - 1998

on students learning efficiency. The results indicate that the main effects of the re-organization on the learning … efficiency was a decreasing importance of students' attendance and of continuous preparation of the material. …

Persistent link: https://www.econbiz.de/10011294520

On the equilibrium and welfare consequences of "keeping up with the Joneses"

Gavrel, Frédéric; Rebière, Thérèse - 2015

This paper provides an analysis of the social consequences of people seeking to keep up with the Joneses. All individuals attempt to reach a higher rank than the Joneses, including the Joneses themselves. This attitude gives rise to an equilibrium in which all individuals have equal utilities...

Persistent link: https://www.econbiz.de/10010528644

Optimal fiscal policy with labor selection

Chugh, Sanjay K.; Lechthaler, Wolfgang; Merkl, Christian - 2018

This paper characterizes long-run and short-run optimal fiscal policy in the labor selection framework. In a calibrated non-Ramsey decentralized equilibrium, labor market volatility is inefficient. Keeping fixed the structural parameters, the Ramsey government achieves efficient labor market...

Persistent link: https://www.econbiz.de/10011872840

Works councils and collective bargaining in Germany : the impact on productivity and wages

Hübler, Olaf; Jirjahn, Uwe - 2001

This paper investigates the interaction between establishment-level codetermination and industry-level collective bargaining in Germany. Based on a simple bargaining model we derive our main hypothesis: In establishments covered by collective bargaining agreements works councils are more likely...

Persistent link: https://www.econbiz.de/10011402748