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How do labor representatives affect incentive orientation of executive compensation?

Dyballa, Katharina; Kraft, Kornelius - 2016

Contrary to previous literature we hypothesize that labor's interest may well – like that of shareholders – aim at … interest in increasing incentive-based compensation to avoid management's excessive risk taking and short-run oriented …

Persistent link: https://www.econbiz.de/10011526742

Tax evasion in a unionised economy

Goerke, Laszlo - 2001

In a unionised labour market, a substitution of a payroll for an income tax will not alter employment if tax obligations are fulfilled. However, if workers or firms can evade taxes this irrelevance result might no longer apply. This will especially be the case if the fine for tax evasion depends...

Persistent link: https://www.econbiz.de/10011404003

Relative consumption, working time, and trade unions

Goerke, Laszlo; Hillesheim, Inga - 2013

Status considerations with respect to consumption give rise to negative externalities because individuals do not take into account that their decisions affect the relative consumption position of others. Further, status concerns create incentives for excessive labour supply in competitive...

Persistent link: https://www.econbiz.de/10009763210

Warrant economics, call-put policy options and the fallacies of economic theory

Hatgioannides, John; Karanassou, Marika - 2011

In this paper we aim to trace the roots of the ongoing economic mayhem and to unmask the chorus of the tragedy which plays on the world stage. The main thesis of our work is that, despite the triumphant rhetoric praising the merits of perfect competition, the global fields of the dysfunctional...

Persistent link: https://www.econbiz.de/10009524338

UK trades unions and the problems of collective action

Willman, Paul; Bryson, Alex; Forth, John - 2016

understand the management of first and second order collective action problems. First order problems refer to the problems of … initiating collective action and second order problems refer to the management of collective action organisations. Unions are … presented to illustrate the cost disease problem and to suggest options for its management. …

Persistent link: https://www.econbiz.de/10011502561

Union density, productivity and wages

Barth, Erling; Bryson, Alex; Dale-Olsen, Harald - 2017

We exploit tax-induced exogenous variance in the price of union membership to identify the effects of changes in firm union density on firm productivity and wages in the population of Norwegian firms over the period 2001 to 2012. Increases in union density lead to substantial increases in firm...

Persistent link: https://www.econbiz.de/10011756733

Wage flexibility in a unionized economy with stable wage dispersion

Carlsson, Mikael; Häkkinen Skans, Iida; Nordström … - 2019

The paper estimates how wages respond to changes in regional unemployment using detailed Swedish micro data. The study is set in an economy with close to complete union coverage where real wages have grown continuously in all parts of the wage distribution for the past 15 years, and where the...

Persistent link: https://www.econbiz.de/10011973148

Union voice

Addison, John T. (contributor); … - 2003 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001784336

Economic growth with political lobbying and wage bargaining

Palokangas, Tapio K. - 2009

This paper examines an economy with a large number of industries, each producing a different good. Technological change follows a Poisson process where firms improve their productivity through investment in R&D. The less there are firms in the economy or the more they can coordinate their...

Persistent link: https://www.econbiz.de/10003830196

Unions, dynamism, and economic performance

Hirsch, Barry T. - 2010

This paper explores the relationship between economic performance and US unionism, focusing first on what we do and do not know based on empirical research handicapped by limited data on establishment and firm level collective bargaining coverage. Evidence on the relationship of unions with...

Persistent link: https://www.econbiz.de/10009312945