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and engineers while R&D uses only engineers. Workers are unionized and labour market regulation supports union power in … level of welfare. When the interest-rate elasticity of consumption in the world is low (high), the simultaneous regulation …
Persistent link: https://www.econbiz.de/10011541196
and engineers while R&D uses only engineers. Workers are unionized and labour market regulation supports union power in … level of welfare. When the interest-rate elasticity of consumption in the world is low (high), the simultaneous regulation …
Persistent link: https://www.econbiz.de/10001689370
This paper examines an economy with a large number of industries, each producing a different good. Technological change follows a Poisson process where firms improve their productivity through investment in R&D. The less there are firms in the economy or the more they can coordinate their...
Persistent link: https://www.econbiz.de/10003830196
This paper examines how unionization affects economic growth through its impact on industry concentration in a two-country model of international trade and endogenous productivity growth. Knowledge spillovers link firm-level productivity in innovation with geographic patterns of industry...
Persistent link: https://www.econbiz.de/10012793522
This paper examines an economic union where oligopolistic firms produce by skilled and unskilled labor and do in-house R&D by skilled labor. The planner of the union accepts new members to the union, regulates the labor market through a minimum wage for unskilled labor and supports firms by...
Persistent link: https://www.econbiz.de/10003830286
and engineers while R&D uses only engineers. Workers are unionized and labour market regulation supports union power in … level of welfare. When the interest-rate elasticity of consumption in the world is low (high), the simultaneous regulation …
Persistent link: https://www.econbiz.de/10013320375
In this paper, I study the political rationale for labor market regulation. Oligopolists employ raw labor and human … less competition from outside. Then, the fall of income due to wage increases is reduced and labor market regulation …
Persistent link: https://www.econbiz.de/10010350356
Persistent link: https://www.econbiz.de/10001733935
In this paper, I study the political rationale for labor market regulation. Oligopolists employ raw labor and human … less competition from outside. Then, the fall of income due to wage increases is reduced and labor market regulation …
Persistent link: https://www.econbiz.de/10013054585
We examine a common market which expands by integrating new regions. Capitalists are strategically interdependent through the goods market and they improve their productivity through R&D. Production and R&D employ unionized workers. The purpose of integration is to maximize a weighed average of...
Persistent link: https://www.econbiz.de/10002804842