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Can Heterogeneous Preferences Stabilize Endogenous Fluctuations?
Bosi, Stefano; Seegmuller, Thomas - Centre d'Études des Politiques Économiques (EPEE), … - 2005
While most of the literature concerned with indeterminacy considers a representative agent, some recent works have investigated the role of heterogenous agents on dynamics. This paper adds a contribution to the debate, stressing the effects of heterogeneity in consumers’ preferences within an...
Persistent link: https://www.econbiz.de/10010852364
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Can heterogeneous preferences stabilize endogenous fluctuations ?.
Bosi, Stefano; Seegmuller, Thomas - Maison des Sciences Économiques, Université Paris 1 … - 2006
While most of the literature concerned with indeterminacy and endogenous cycles is based on the questionable assumption of a representative consumer, some recent works have investigated the role of heterogeneous agents on dynamics. This paper adds a contribution to the debate, highlighting the...
Persistent link: https://www.econbiz.de/10005696819
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The (Parlous) State of German Unions
Addison, John T.; Schnabel, Claus; Wagner, Joachim - Institute for the Study of Labor (IZA) - 2006
model built on encompassing unions. The decline in union membership and density is attributable to external forces that have … confronted unions in many countries (such as globalization and compositional changes in the workforce) and to some specifically … insider behavior on the part of German unions. The ‘correctives’ have included mergers between unions, decentralization, and …
Persistent link: https://www.econbiz.de/10005822561
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Union Voice
Addison, John T.; Belfield, Clive R. - Institute for the Study of Labor (IZA) - 2003
their pioneering contribution What Do Unions Do? It takes note of theoretical and empirical work supportive of … criticism of What Do Unions Do? has been wide of the mark, there are critical areas in which the model is deficient. These … consequences of unions. …
Persistent link: https://www.econbiz.de/10005703828
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The Performance Effects of Unions. Codetermination, and Employee Involvement: Comparing the United States and Germany (With an Addendum on the United Kingdom)
Addison, John T. - Universitätsbibliothek Wuppertal, University Library - 2008
representation (in unions and works councils) and innovative work practices on firm performance. The interaction between worker … future of unions. An addendum sketches the British evidence. …
Persistent link: https://www.econbiz.de/10008540488
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The Effect of Worker Representation on Employment Behavior in Germany: Another Case of -2.5%
Addison, John T.; Teixeira, Paulino - Institute for the Study of Labor (IZA) - 2004
seeming constant in the Anglophone countries: unions at the workplace are associated with reduced employment growth of around …
Persistent link: https://www.econbiz.de/10005700945
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On rational exuberance.
Bosi, Stefano; Seegmuller, Thomas - Centre d'Économie de la Sorbonne, Université Paris 1 … - 2009
In his seminal contribution, Tirole (1985) shows that an overlapping generations economy may monotonically converges to a steady state with a positive rational bubble, characterized by the dynamically efficient golden rule. The issue we address is whether this monotonic convergence to an...
Persistent link: https://www.econbiz.de/10005012503
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Wage Dispersion in a Partially Unionized Labor Force
Addison, John T.; Bailey, Ralph; Siebert, W. Stanley - Institute for the Study of Labor (IZA) - 2009
variance. The decomposition permits counterfactual analysis, using concepts and techniques from the theory of factorial …
Persistent link: https://www.econbiz.de/10004980263
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Wage Dispersion in a Partially Unionized Labor Force
Addison, John T.; Bailey, Ralph W.; Siebert, W. Stanley - Department of Economics, University of Birmingham - 2009
variance. The decomposition permits counterfactual analysis, using concepts and techniques from the theory of factorial …
Persistent link: https://www.econbiz.de/10005007667
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Wage Dispersion in a Partially Unionized Labor Force
Addison, John T.; Bailey, Ralph W.; Siebert, W. Stanley - Grupo de Estudos Monetários e Financeiros (GEMF), … - 2009
Wage Dispersion in a Partially Unionized Labor Force This paper critiques Card’s (2001) method for analyzing wage dispersion in a partially unionized labor market based on a disaggregation of the population into skill categories. We argue that disaggregation is a good idea, the use of skill...
Persistent link: https://www.econbiz.de/10005029292