of carriers. Since airline deregulation, compensation has waxed and waned in response to the industry's economic …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 …

Airline fuel consumption is costly for the firms and for society as well due to a climate-change externality. We study … how fuel price changes affect cost-minimizing choices by airlines that have implications for the extent of this … externality. The airline industry's capital stock can be easily inventoried as a set of long-lived, durable aircraft. This …

wages and prices. -- reform reversals ; price liberalization ; trade liberalization ; privatization ; political economy … evidence showing that (a) FDI inflows reduce the likelihood of privatization reversals, (b) worsened terms of trade increase … the probability of external liberalization reversals and (c) labour strikes propel reversals in the liberalization of …

alliances in which they favour their partner at the expense of others. We find no improvement in overall group payoffs from … formation between some players. Second, shorter alliances due to prosocial forces at the group level. We draw out lessons for …

variety of controls and estimation strategies. -- Political economy ; transition ; economic liberalization …

The COVID-19 virus, also known as the coronavirus, is currently spreading around the world. While a growing literature …

This paper provides a long term analysis of the determinants of the shadow economy. Using data for the United States … economy increased during both world wars, but was lower during the great depression. However, in the short run, the … relationship between the shadow economy and its determinants exhibit some remarkable differences. …