This article contributes to the debate over mandatory arbitration of employment discrimination claims in the unionized sector, which, in light of the proposed prohibition on union waivers in the Arbitration Fairness Act, has significant practical implications. Fundamentally, the article is about...

American courts operate under the strong presumptions that the Federal Arbitration Act makes nearly all claims arbitrable and nearly all arbitration agreements enforceable. However, the FAA Section 2 provides that arbitration agreements shall be valid, irrevocable, and enforceable, save upon...

The Supreme Court's classification of mandatory employee arbitration policies as contracts has severely impeded the vindication of employee antidiscrimination rights in derogation of the statutory scheme. The Court has in effect decided that rights expressly granted to employees do not operate...

The aim of this paper is to analyze and estimate salient characteristics of unemployment dynamics. Movements in unemployment are viewed as "chain reactions" of responses to labour market shocks, working their way through systems of interacting lagged adjustment processes. In the context of...

Mehr Beschäftigung und weniger Arbeitslosigkeit kann es in einer Marktwirtschaft nur geben, wenn die Arbeitsproduktivität, die Wertschöpfung pro Beschäftigten, stärker steigt als die Löhne. Ist dagegen die Lohnzunahme größer als der Produktivitätsfortschritt, so bauen die Unternehmen...

Equilibrium search theory suggests that the wage distribution in a cross section of workers is closely related to labor market transitions and associated wage changes. Accordingly, job?to?job transitions are central in explaining the wage distribution. This paper uses the IAB employment...