Theory suggests that firms confront a hold-up problem in dealing with workplace unionism: unions will appropriate a portion of the quasi-rents stemming from long-lived capital. As a result, firms may be expected to limit their exposure to rent-seeking by reducing investments. The U.S. evidence...

Das Schwerbehindertengesetz verpflichtete in seiner bis 30.9.2000 gültigen Fassung alle Arbeitgeber ab 16 Beschäftigten, sechs Prozent der Arbeitsplätze mit Schwerbehinderten zu besetzen, ansonsten war für jeden nicht entsprechend besetzten Arbeitsplatz eine Ausgleichsabgabe von monatlich...

According to the German disability law, or Schwerbehindertengesetz, either six percent of all jobs in an establishment must be occupied by disabled empoyees or the firm has to pay a penalty of DM 200 per month for every job under consideration. This note reports results from the first...

According to the German disability law, or Schwerbehindertengesetz, either six percent of all jobs in an establishment must be occupied by disabled employees or the firm has to pay a penalty of DM 200 per month for every job under consideration. This note reports results from the first...