sufficiently large bargaining cost, even unionization might be infeasible. As a result, workers can use the political process as a … substitute for collective bargaining. In fact, if all workers widely understand the bargaining process, they are likely to see … the minimum wage as an issue of fairness (i.e. low wage workers do not have the same bargaining opportunities as those …

relationship between profits and employment. The concept of ‘wasted profits' is first presented and developed. This is followed by … an assessment of the alleged opposition between profits and employment. Finally, the employment effects that the …

The average employment rate for the OECD countries was close to 63 percent in the period 2000- 2015 but there is … considerable variation within and between countries. We find that a dynamic model for employment, derived from a multiple equation … the dynamics well and they imply interpretable estimates of the normal employment rate level, conditional on the state of …

The average employment rate for the OECD countries was close to 63 percent in the period 2000-2015 but there is … considerable variation within and between countries. We find that a dynamic model for employment, derived from a multiple equation … the dynamics well and they imply interpretable estimates of the normal employment rate level, conditional on the state of …

We theoretically analyse the effects of sick pay and employees' health on collective bargaining, assuming that …

We theoretically analyse the effects of sick pay and employees' health on collective bargaining, assuming that …

We theoretically analyse the effects of sick pay and employees' health on collective bargaining, assuming that …

collective bargaining reduces employment growth by two to four percentage points per year. Evidence is, however, mostly related … between being covered by a sector-wide bargaining agreement or firm-level contract and employment growth of about one … percentage point per annum. However, the correlation between employment growth and collective bargaining is not robust to the use …

We study endogenous employment and distribution dynamics in a Post-Keynesian model of Kalecki-Steindl tradition …. Productivity adjustments stabilise employment and the labour share in the long run: technological change allows firms to replenish …. We find that a demand shock is likely to lower the profit share and increase the employment rate. A supply shock in …