Showing 1 - 10 of 504
. It reduces organizing success by lowering profits, thus giving management a greater incentive to oppose unions. It shows … that in the traditional monopoly model, any given premium can cause management to donate more resources to opposing a union …
Persistent link: https://www.econbiz.de/10013233773
This paper offers a comparative study of the evolution of employment systems in the U.S. and Japan, using a game …-theoretic framework in which an employment system is viewed as an equilibrium outcome of the strategic interactions among management ….S.and Japan during the first three decades of this century. In both countries, employment relations evolved from ones governed by …
Persistent link: https://www.econbiz.de/10013240618
, the paper documents parallel institutional developments in the U.S. and Japan towards corporate welfarism during the 1920s …, most major employers in Japan maintained their implicit contracts, while developing institutional arrangements to mitigate … the cost of long-term commitment. In contrast to the U.S., labor laws in Japan developed complementary to private welfare …
Persistent link: https://www.econbiz.de/10013247185
The goal of this paper is to examine the implied penalty policies underlying the remedies created by the National Labor Relations Act (NLRA) in terms of the policies' impact on employer and union behaviors. We present a simple model of deterrence as a means of evaluating workplace penalty...
Persistent link: https://www.econbiz.de/10013135048
Empirical studies on information communication technologies (ICT) typically aggregate the "information" and "communication" components together. We show theoretically and empirically that these have very different effects on the empowerment of employees, and by extension on wage inequality. If...
Persistent link: https://www.econbiz.de/10013117035
In this paper, we use a linked employer-employee database from Brazil to evaluate the wage effects of trade reform. With an aggregate (firm-level) analysis of this question, we find that a decline in trade protection is associated with an increase in average wages in exporting firms relative to...
Persistent link: https://www.econbiz.de/10013122021
Client relationships create value, which employees may try to wrest from their employers by setting up their own firms. If when an employer and worker establish a relationship they cannot contract on the output and profits of the worker's prospective new firm, the employer counters by inducing...
Persistent link: https://www.econbiz.de/10013069964
Moral hazard is endemic to employment relationships and firms often use performance pay and managerial control to address this problem. While performance pay has received much empirical attention, managerial control has not. We analyze data from a managerial-control field experiment in which an...
Persistent link: https://www.econbiz.de/10013072870
We study the effect of globalization on the volatility of wages and worker welfare in a model in which risk is allocated through long-run employment relationships (the 'invisible handshake'). Globalization can take two forms: International integration of commodity markets (i.e., free trade) and...
Persistent link: https://www.econbiz.de/10013152563
Workers who hold a firm's stock make decisions other than those that pure capital owners would make, but there exist institutions and compensation packages that will generally lead workers to favor efficient firm decisions. Workers care about their firm-specific rents and may seek shares in...
Persistent link: https://www.econbiz.de/10012774982