In this paper we develop a theory of union bargaining power based on firm-specific skills acquired by the insider work-force. We show that unions increase the bargaining power of insiders only in states of the world in which the firm would like to retain insiders but not hire outsiders. Union...

Flexicurity is at the heart of European policy debates. Its aim is to overcome the tensions between labour market flexibility on the one hand, and the provision of social security for workers on the other hand. To date, there is little insight into whether flexicurity policies have been adopted...

Examines the role of public sector employment in the labour market of developing countries. Looks at the growth of public sector employment during the sixties and seventies, especially at policies (e. g. nationalization and guaranteed employment programmes) introduced during the immediate post-...

The compensation hypothesis predicts a positive causation from international economic openness to the size of the public sector, as governments step in to perform a risk mitigating role to counterbalance the increasing exposure to external risk and the economic dislocations caused by growing...

The use of neural networks has been slow in coming to the public sector. One promising area in which neural networks are likely to prove beneficial is in the area of revenue forecasting. A sales tax forecasting model is developed and compared to the actual collections for the State of Indiana....

The use of neural networks has been slow in coming to the public sector. One promising area in which neural networks are likely to prove beneficial is in the area of revenue forecasting. A sales tax forecasting model is developed and compared to the actual collections for the State of Indiana....

"The insider-outsider theory is one of the approaches with which the persistence of unemployment can be accounted for. The central hypothesis says that the insiders, in other words the 'job holders', drive the wage level above the market-clearing level, thus creating a barrier that prevents new...

Employees show more commitment to an employer that promotes the greater good, and they work harder too. Moreover, many people are willing to give up some of their compensation to contribute to a social cause. Being able to attract a motivated workforce would be particularly important for the...

The labour legislation applicable in public sector is very different from the one applicable in private sector. Unlike the private sector where the market is the most efficient regulator and sanctions all errors made by the assessor, in the public sector there isn’t always a feed-back from the...