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Sluggish institutions in a dynamic world : can unions and industrial competition coexist?

Hirsch, Barry T. (contributor) - 2007

During the 1930s and 1940s, collective bargaining emerged as the workplace governance norm in much of the U.S. industrial sector. Following its peak in the 1950s, union density in the U.S. private sector fell steadily, to only 7.4 percent in 2006. Governance shifted from a formalized union norm...

Persistent link: https://www.econbiz.de/10003591477

Wage determination in the US airline industry : union power under product market constraints

Hirsch, Barry T. (contributor) - 2006

The paper analyzes wages in the U.S. airline industry, focusing on the role of collective bargaining in a changing … product market environment. Airline unions have considerable strike threat power, but are constrained by the financial health … of carriers. Since airline deregulation, compensation has waxed and waned in response to the industry's economic …

Persistent link: https://www.econbiz.de/10003384910

Monkey bars and ladders : the importance of lateral and vertical job mobility in internal labor market careers

Dohmen, Thomas J. (contributor); Kriechel, Ben (contributor) - 2003 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001784382

How do airlines cut fuel usage, reducing their carbon emissions?

Brueckner, Jan K.; Kahn, Matthew E.; Nickelsburg, Jerry - 2023

Airline fuel consumption is costly for the firms and for society as well due to a climate-change externality. We study … externality. The airline industry's capital stock can be easily inventoried as a set of long-lived, durable aircraft. This …. Changes in airline operations directed toward conserving fuel can be an important path toward lower emissions. …

Persistent link: https://www.econbiz.de/10014286491

Give and you shall receive : the emergence of welfare-reducing reciprocity

Murray, Cameron K.; Frijters, Paul; Vorster, Melissa - 2015

We develop a new experiment to study the emergence of welfare-reducing bilateral alliances within larger groups, and the effectiveness of institutional interventions to curtail this reciprocal alliance behaviour. In each of the 25 rounds of our experiments, a player (the 'allocator') nominates...

Persistent link: https://www.econbiz.de/10010513328

Is transparency an anti-corruption myth?

Murray, Cameron K.; Frijters, Paul; Schaffner, Markus - 2017

We look at the effect of transparency on the incidence of costly back-scratching in a laboratory setting by implementing player identification via photographs. In our experimental design players have an incentive to form bilateral alliances in which they favour their partner at the expense of...

Persistent link: https://www.econbiz.de/10011641390

Ownership or performance : what determines board of directors' turnover in Italy?

Brunello, Giorgio; Graziano, Clara; Parigi, Bruno - 2000

This paper studies the turnover of board of directors members in a sample of 72 companies listed on the Milan Stock Exchange during the period 1988-1996. We investigate whether board members change more frequently when company performance is poor, as the literature suggests, and whether and how...

Persistent link: https://www.econbiz.de/10011318600

Legal corruption, politically connected corporate governance and firm performance

Domadenik, Polona; Prašnikar, Janez; Švejnar, Jan - 2014

In this paper we present and test a theory of how political corruption, found in many transition and emerging market economies, affects corporate governance and productive efficiency of firms. Our model predicts that underdeveloped democratic institutions that do not punish political corruption...

Persistent link: https://www.econbiz.de/10010381906

Voice at work

Harju, Jarkko; Jäger, Simon; Schoefer, Benjamin - 2021

We estimate the effects of worker voice on job quality and separations. We leverage the 1991 introduction of worker representation on boards of Finnish firms with at least 150 employees. In contrast to exit-voice theory, our difference-in-differences design reveals no effects on voluntary job...

Persistent link: https://www.econbiz.de/10012484549

The gender pay gap in the CEOs' labor market

Tani, Massimiliano; Valentine, Andrew; Sharpe, Kieran - 2022

We study the gender pay gap in the labor market for CEOs by analysing 1,174 outsider CEO successions over the past three decades across 18 countries. We find that male and female CEOs receive a similar compensation overall but this masks marked gender differences in the pay structure: namely,...

Persistent link: https://www.econbiz.de/10013471202

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