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The social costs of rent seeking are generally evaluated with respect to rent dissipation. A common assumption is complete rent dissipation so that the value of a contested rent is the value of social loss. When rent seekers earn taxable income, there is interdependence between the social cost...
Persistent link: https://www.econbiz.de/10010350827
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
In this paper, we present a simple model in which a unionized and non-unionized firm optimally make investment decisions given their labor productivity. By allowing workers' organizations to have positive effects on labor effort, we find that the classic hold-up problem does not necessarily...
Persistent link: https://www.econbiz.de/10012058483
Using subjective information provided by manager respondents on the stance taken by the works council in company decision making, this paper investigates the association between a measure of works council dissonance or disaffection and plant closings in Germany, 2006-2015. The potential effects...
Persistent link: https://www.econbiz.de/10012026168
Rent seeking within the vast informal segment of the developing world is a relatively underdexplored topic in the interface of labor market policies and public economics. Moreover, how rent seeking and corruption within the informal segment is affected by economic reforms targeted for the formal...
Persistent link: https://www.econbiz.de/10011964890
Economists recommend to partly redistribute gains to losers from a structural reform, which in many cases may be required for making the reform politically viable. However, taxation is distortionary. Then, it is unclear that compensatory transfers can support a Pareto-improving reform. This...
Persistent link: https://www.econbiz.de/10011951457
Donor aid organizations (DAOs) are multi-layered and multi-dimensional bureaucracies with many departments trying to find solutions to problems for countries, investing staff resources and effort into having an effect. A department may come into conflict with other departments because of...
Persistent link: https://www.econbiz.de/10010440614
This paper summarises the key findings of a recent study on the impact of Eastern Enlargement of the European Union (EU) on labour markets in the current Member States. The study focuses on three main channels, along which enlargement may affect labour markets in the EU, namely i) trade, ii)...
Persistent link: https://www.econbiz.de/10011391753
Ten years after the start of transition, there are many puzzles we still have to live with. Why did all countries … labour supply. Surprisingly enough, the literature on the economics of transition has devoted little, if any, attention to … labour force participation decisions. In the models of the optimal speed of transition (OST) literature, the labour force is …
Persistent link: https://www.econbiz.de/10011391760
This paper seeks to document and analyse changes in the distribution of wages and employment in the transition … the transition. Proximate causes of this increase seem to be sectoral shifts in employment and increasing inter …
Persistent link: https://www.econbiz.de/10011400803