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We consider a two-country model of wage determination with private information in unionized imperfectly competitive industries. We investigate the effects of separated product markets opening up for competition as well as of further market integration on the negotiated wage and the maximum delay...
Persistent link: https://www.econbiz.de/10014063279
Strikes, just as other types of conflict, used to be difficult to explain from an economic perspective. Initially, it … asymmetric information to prominence as a significant cause of strikes. After reviewing such long-standing potential explanations … with the union can lead to strikes. Additionally, power asymmetries, reputation-building, and internal union politics can …
Persistent link: https://www.econbiz.de/10012299563
´s willingness to participate in a strike. We develop and compare two signaling models of strikes: in one, firms are able to monitor …
Persistent link: https://www.econbiz.de/10011512984
Using a sample of 76 countries, this paper examines the impact of major strikes against government and its policies on …-at-Risk metrics. Taken together, these results imply that general strikes have serious ramifications for stock market investors …
Persistent link: https://www.econbiz.de/10012902724
Strikes, just as other types of conflict, used to be difficult to explain from an economic perspective. Initially, it … asymmetric information to prominence as a significant cause of strikes. After reviewing such long-standing potential explanations … with the union can lead to strikes. Additionally, power asymmetries, reputation-building, and internal union politics can …
Persistent link: https://www.econbiz.de/10013315184
We study the endogenous formation of networks between manufacturers of differentiated goods and multi-product retailers who interact in a successive duopoly. Joint consent is needed to establish and/or maintain a costly link between a manufacturer and a retailer. We find that only three...
Persistent link: https://www.econbiz.de/10014063630
Persistent link: https://www.econbiz.de/10012644010
We explore the long run determinants of current differences in the degree of cooperative labor relations at local level. We do this by estimating the causal effect of the medieval communes - that were established in certain cities in Centre-Northern Italy towards the end of the 11th century -...
Persistent link: https://www.econbiz.de/10013500722
Among the steps to improve a country's competitiveness, several commentators and international institutions include a general emphasis on deregulation and decentralization of industrial relations. In this paper, we contribute to this debate by studying whether and how firm-level unionism and...
Persistent link: https://www.econbiz.de/10012859778
This paper brings together the modern research on employer power and employee power by empirically examining the effects of unionization on worker earnings, employment, and inequality across differently concentrated markets. Exploiting national tax reforms to union membership dues as exogenous...
Persistent link: https://www.econbiz.de/10013415467