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Compensation and bargaining with entrpreneurship as the outside option
Koskela, Erkki; Stenbacka, Rune - 2000
agent with bargaining power. In the first stage the parties bargain over the base wage and the profit share. In the second … invariant both to the imperfections prevailing in the equity market and to the relative bargaining power of the negotiating …
Persistent link: https://www.econbiz.de/10009781591
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Compensation and Bargaining with Entrpreneurship as the Outside Option
Koskela, Erkki; Stenbacka, Rune - 2000
agent with bargaining power. In the first stage the parties bargain over the base wage and the profit share. In the second … invariant both to the imperfections prevailing in the equity market and to the relative bargaining power of the negotiating …
Persistent link: https://www.econbiz.de/10010314938
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Optimal Capital Taxation in Economies with Unionised and Competitive Labour Markets
Koskela, Erkki; Schöb, Ronnie - 2002
According to the existing literature, capital taxes should not be imposed in the presence of optimal profit taxation in either unionised or competitive labour markets. We show that this conclusion does not hold for an economy with both competitive and unionised sectors, where the competitive...
Persistent link: https://www.econbiz.de/10010315747
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Optimal Capital Taxation in Economies with Unionised and Competitive Labour Markets
Koskela, Erkki; Schöb, Ronnie - CESifo - 2002
According to the existing literature, capital taxes should not be imposed in the presence of optimal profit taxation in either unionised or competitive labour markets. We show that this conclusion does not hold for an economy with both competitive and unionised sectors, where the competitive...
Persistent link: https://www.econbiz.de/10005765873
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Compensation and Bargaining with Entrpreneurship as the Outside Option
Koskela, Erkki; Stenbacka, Rune - CESifo - 2000
agent with bargaining power. In the first stage the parties bargain over the base wage and the profit share. In the second … invariant both to the imperfections prevailing in the equity market and to the relative bargaining power of the negotiating …
Persistent link: https://www.econbiz.de/10005181412
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Optimal capital taxation in economies with unionised and competitive labour markets
Koskela, Erkki; Schöb, Ronnie - 2002
According to the existing literature, capital taxes should not be imposed in the presence of optimal profit taxation in either unionised or competitive labour markets. We show that this conclusion does not hold for an economy with both competitive and unionised sectors, where the competitive...
Persistent link: https://www.econbiz.de/10011514057
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Equilibrium Unemployment Under Negotiated Profit Sharing
Koskela, Erkki; Stenbacka, Rune - 2003
bargaining power of the trade union and it has effort-enhancing and wage-moderating effects. We show that higher profit sharing … high benefit-replacement ratios and relative bargaining powers of trade unions. Conversely, profit sharing seems to be …
Persistent link: https://www.econbiz.de/10010261570
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Equilibrium Unemployment Under Negotiated Profit Sharing
Koskela, Erkki; Stenbacka, Rune - Institute for the Study of Labor (IZA) - 2003
bargaining power of the trade union and it has effort-enhancing and wage-moderating effects. We show that higher profit sharing … high benefit-replacement ratios and relative bargaining powers of trade unions. Conversely, profit sharing seems to be …
Persistent link: https://www.econbiz.de/10005761941
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Compensation and bargaining with entrepreneurship as the outside option
Koskela, Erkki; Stenbacka, Rune - 2000
agent with bargaining power. In the first stage the parties bargain over the base wage and the profit share. In the second … invariant both to the imperfections prevailing in the equity market and to the relative bargaining power of the negotiating …
Persistent link: https://www.econbiz.de/10001512862
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Capital structure, wage bargaining and employment
Koskela, Erkki; Stenbacka, Rune - 2000
capital structure when firms face stochastic revenue shocks. We apply a generalized Nash bargaining solution which extends the … wage bargaining literature by incorporating effciency wage considerations, profit-sharing and capital structure. The profit …
Persistent link: https://www.econbiz.de/10001476532