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increase the efficiency of labor negotiations by shifting the composition of disputes away from costly strikes. Consistent with … information ; strikes ; labor disputes …
Persistent link: https://www.econbiz.de/10003781773
Economic models of disputes often assume that the rules of the game are well understood and that parties know the possible consequences of their actions. In this paper we show the apparently unintended consequences of state-level legal innovations governing labor disputes that took place in the...
Persistent link: https://www.econbiz.de/10014114004
The U.S. has witnessed a resurgence of labor activism, with teachers at the forefront. We examine how teacher strikes … affect compensation, working conditions, and productivity with an original dataset of 772 teacher strikes generating 48 … million student days idle between 2007 and 2023. Using an event study framework, we find that, on average, strikes increase …
Persistent link: https://www.econbiz.de/10015056189
This paper uses state fixed effect models and a Synthetic Control design with Current Population Survey (CPS) data to identify the impact of state Right-to-Work (RTW) laws on wages, benefits, and union status among private and public sector workers. Despite a modest effect of RTW laws on wages,...
Persistent link: https://www.econbiz.de/10013250553
In this paper, we examine and compare the impact of American and Japanese labor law on the relative bargaining power of the labor and management within the context of the new global economy based on information technology. We begin by providing a simple economic definition of bargaining power...
Persistent link: https://www.econbiz.de/10014178163
Do employees fare better in firms they partly own? Examining workers' reviews of their employers on Glassdoor, we compare employee satisfaction between firms in which workers own company shares through an employee stock ownership plan (ESOP) and conventional firms in which they do not. Focusing...
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