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We show that a stronger earnings relationship of unemployment compensation reduces wages and increases employment in an economy in which wages are determined by a trade union that maximises the rent from unionisation. The opposite result applies for a utilitarian union. Using manufacturing and...
Persistent link: https://www.econbiz.de/10010262098
We show that a stronger earnings relationship of unemployment compensation reduces wages and increases employment in an economy in which wages are determined by a trade union that maximises the rent from unionisation. The opposite result applies for a utilitarian union. Using manufacturing and...
Persistent link: https://www.econbiz.de/10005761779
Using panel data for 20 OECD countries over the period from 1903 to 1999 we examine the extent to which institutional, political, microeconomic and macroeconomic theories can explain strike activity over time and across countries. The empirical evidence shows that inflation, deflation, income...
Persistent link: https://www.econbiz.de/10005515267
Persistent link: https://www.econbiz.de/10005082183
In this comment, we address the issue raised by Elke Jahn that institutional factors have been important determinants of strike activity. Using various institutional indicators across the OECD countries, our estimates show that cross-country variations in strikes are only marginally affected by...
Persistent link: https://www.econbiz.de/10005730486
Persistent link: https://www.econbiz.de/10009954576
Persistent link: https://www.econbiz.de/10009954578
We show that a stronger earnings relationship of unemployment compensation reduces wages and increases employment in an economy in which wages are determined by a trade union that maximises the rent from unionisation. The opposite result applies for a utilitarian union. Using manufacturing and...
Persistent link: https://www.econbiz.de/10013320079