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Cho, Cooley, and Kim (RED, 2015) (CCK) consider the welfare effects of removing multiplicative productivity shocks from real business cycle models. In a model that admits an analytical solution they argue convincingly that the positive welfare effect of removing uncertainty can be dominated by a...
Persistent link: https://www.econbiz.de/10011881736
firm heterogeneity under centralised wage-setting, as unions internalise negative externalities of a wage increase for low …
Persistent link: https://www.econbiz.de/10010298712
This study examines the potential impact of works councils and unions on the deployment of fixed-term contracts and …
Persistent link: https://www.econbiz.de/10011810125
The paper introduces a model of enterprise formation in a unionized economy with labor protection and wage bargaining. Enterprise formation is subject to future market risk and is shaped by labor market institutions in the post-entry stage. The predictions of the model are tested in...
Persistent link: https://www.econbiz.de/10009781640
The paper introduces a model of enterprise formation in a unionized economy with labor protection and wage bargaining. Enterprise formation is subject to future market risk and is shaped by labor market institutions in the post-entry stage. The predictions of the model are tested in...
Persistent link: https://www.econbiz.de/10013321174
-sector wage premia observed in Europe, this paper examines the importance of public-sector unions for macroeconomic theory. The …
Persistent link: https://www.econbiz.de/10011514579
seeming constant in the Anglophone countries: unions at the workplace are associated with reduced employment growth of around …
Persistent link: https://www.econbiz.de/10010261937
This paper tests the hypothesis that unions, through imposing wage floors that lead to wage compression, increase on …
Persistent link: https://www.econbiz.de/10010262169
The employment of people with disabilities has received significant attention, but little is known about how unions …, supporting the voice model of unions. Overall the results indicate that while unions appear to help workers with disabilities in …
Persistent link: https://www.econbiz.de/10011996480
We investigate to what extent workplace unionisation protects workers from external shocks as predicted by models of implicit contracts. Using the COVID-19 pandemic as a plausibly exogenous shock hitting the whole economy, we compare workers who worked in unionised and non-unionised workplaces...
Persistent link: https://www.econbiz.de/10013500674