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Unionism Comes to the Public Sector
Freeman, Richard B. - 2021
This paper argues that public sector labor relations is best understood in a framework that focuses on unions' ability … effects of public sector unions on wages are likely to have been underestimated; (3) public sector unions have a somewhat … different effect on wage structures than do private sector unions; (4) compulsory arbitration reduces strikes with no clearcut …
Persistent link: https://www.econbiz.de/10013222944
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British Unions in Decline : An Examination of the 1980s Fall in Trade Union Recognition
Disney, Richard F.; Gosling, Amanda; Machin, Stephen J. - 2021
1990 the proportion of British establishments which recognised manual or non-manual trade unions for collective bargaining … conjunction with recent changes in the nature of employment in the British labour market, seem to paint a bleak picture for unions …
Persistent link: https://www.econbiz.de/10013224330
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The Surprising Retreat of Union Britain
Pencavel, John H. - 2021
productivity so the paper examines the link between unions and productivity finding only a small association by the end of the 1990 …
Persistent link: https://www.econbiz.de/10013246482
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Contracting for Government Services : Theory and Evidence from U.S. Cities
Levin, Jonathan - 2010
Local governments can provide services with their own employees or by contracting with private or public sector providers. We develop a model of this quot;make-or-buyquot; choice that highlights the trade-off between productive efficiency and the costs of contract administration. We construct a...
Persistent link: https://www.econbiz.de/10012759893
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Regeneration, Labour Supply and the Welfare Costs of Taxes
Cudmore, Edgar; Whalley, John - 2021
This paper sets out alternatives to the traditional model of labour supply used to analyse the welfare costs of income and/or sales taxes when preferences are defined over goods and leisure and the market wage yields the slope of the budget constraint. The innovation in our work is to assume...
Persistent link: https://www.econbiz.de/10013240335
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Some Costs and Benefits of Price Stability in the United Kingdom
Bakhshi, Hasan; Haldane, Andrew; Hatch, Neal - 2021
In a previous attempt to articulate the costs of inflation (Leigh-Pemberton (1992)), the Bank of England outlined the following costs of a fully-anticipated inflation: - the cost of economising on real money balances -- so-called shoe-leather' effects; - the costs of operating a...
Persistent link: https://www.econbiz.de/10013212891
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Estimating the Recession-Mortality Relationship When Migration Matters
Arthi, Vellore - 2017
A large literature following Ruhm (2000) suggests that mortality falls during recessions and rises during booms. The panel-data approach used to generate these results assumes that either there is no substantial migration response to temporary changes in local economic conditions, or that any...
Persistent link: https://www.econbiz.de/10012954452
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Endogenous Technology Adoption and R&D as Sources of Business Cycle Persistence
Anzoategui, Diego - 2016
We examine the hypothesis that the slowdown in productivity following the Great Recession was in significant part an endogenous response to the contraction in demand that induced the downturn. We first present some panel data evidence that technology diffusion is highly cyclical. We then develop...
Persistent link: https://www.econbiz.de/10012998413
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Explaining Pension Dynamics
Luzadis, Rebecca A. - 2007
Some contend the US labor market will fail to adapt smoothly to an aging workforce, whereas others argue that employee pensions can and will play an important role in helping companies induce desired turnover patterns. This paper undertakes a longitudinal examination of pension retirement...
Persistent link: https://www.econbiz.de/10012777143
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Malthus to Solow
Hansen, Gary D.; Prescott, Edward C. - 2021
A unified growth theory is developed that accounts for the roughly constant living standards displayed by world economies prior to 1800 as well as the growing living standards exhibited by modern industrial economies. Our theory also explains the industrial revolution, which is the transition...
Persistent link: https://www.econbiz.de/10013236690