Holdouts (the continuation of negotiations beyond the contract expiry date) are the most common form of disputes in labor contract negotiations. The authors model holdouts as a delaying tactic employed by unions to obtain information about other bargaining outcomes in their industry. Novel...

When union-firm pairs bargain sequentially, and when unobserved components of firms' abilities to pay are subject to correlated shocks, unions that bargain later in a sequence can acquire valuable information by observing previous bargaining outcomes in their industry. The authors derive the...

Recemment, les discussions au sujet des depenses de sante ont porte essentiellement sur deux questions, a savoir : 1) la mesure dans laquelle l?augmentation des depenses en soins de sante est due a une augmentation de la quantite plutot qu?au prix des services de sante et 2) l?efficacite et la...

Les immobilisations incorporelles sont constituees des investissements qui n'ont pas les caracteristiques materielles solides des machines et du materiel ou des immeubles. Neanmoins, ces investissements partagent certaines caracteristiques avec d'autres types d'investissements du fait qu'ils...

Le present rapport decrit les revisions apportees a la mesure de la croissance de la productivite multifactorielle (PMF) et aux variables connexes dans le secteur des entreprises et pour differentes industries. Ces revisions ont decoule de la revision historique du Systeme de comptabilite...

Recent discussions about health care spending have focused on two issues: 1) the extent to which the increase in heath care spending is due to an increase in the quantity as opposed to the price of health care services, and 2) the efficiency and productivity of health care providers (e.g.,...

This paper highlights revisions to multifactor productivity (MFP) growth and related variables in the business sector and in individual industries, which resulted from the historical revision of the Canadian System of National Accounts (CSNA) released October 1, 2012, revisions to the labour...

Intangible capital consists of investments that do not take on the solid, physical characteristics of machinery and equipment or buildings. Nevertheless, such investments have some of the properties of other types of investments in that they yield long-lasting benefits as a result of...