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as possible to the efficiency wage. The union leader who is entrusted with the task of determining the unionized wage … charges a bribe from the firm to keep the wage close to this level. The corrupt trade union leader and the management of the …
Persistent link: https://www.econbiz.de/10011108546
mechanism through which union coverage increases WC receipt. Delineating the effects of unions on the decision to apply and the …
Persistent link: https://www.econbiz.de/10005835672
By introducing the excess burden of taxation into unionized mixed and privatized oligopolies, we show that (i) if the government that maximizes social welfare values with a small weight of excess burden of taxation, privatization matters regardless of the number of firms; however, (ii) when the...
Persistent link: https://www.econbiz.de/10011114393
or quantities by facing a union bargaining process. For the case of a unionized mixed duopoly, only public firm is able …
Persistent link: https://www.econbiz.de/10005789653
the previous literature. These results means that both the public firm and its union may or may not have different …
Persistent link: https://www.econbiz.de/10008493606
By introducing the government's preference for tax revenues into the theoretical framework of unionized mixed oligopolies, this study investigates the efficiency of privatization. The results show that (i) regardless of the government's preference for tax revenues, its incentive to privatize a...
Persistent link: https://www.econbiz.de/10005260141
or quantities by facing a union bargaining process. For the case of a unionized mixed duopoly, only the public firm is …
Persistent link: https://www.econbiz.de/10005025705
This paper examines management contracts as a paradigm for the application of relational contracts theory and especially of the theory of contractual and relational norms. This theory, deriving from Macauley's implications, but structured and analysed by I.R. MacNeil gives us a framework for the...
Persistent link: https://www.econbiz.de/10008599121
(1991) 531] endogenous growth model by embodying a union with elastic labor to investigate the effects of unionization on … employment and growth by highlighting the essence of internal conflict within the union. It is shown that an increase in the … union’s bargaining power or a union which is more employment-oriented boosts employment and economic growth when the …
Persistent link: https://www.econbiz.de/10008776873
Market power in the hands of a supplier- such as a labor union - affects an industry’s capital structure. Using panel …
Persistent link: https://www.econbiz.de/10008694168