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-2015 phase as the investment-driven economy, and the new normal economy since 2016. All three economies have been shaped by the …
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reduces owners' capital investment -we find that granting formal control rights to workers raises capital formation. The … relations whereby shared governance raises capital by permitting workers to bargain over investment or by institutionalizing …
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reduces owners' capital investment - we find that granting formal control rights to workers raises capital formation. The … relations whereby shared governance raises capital by permitting workers to bargain over investment or by institutionalizing …
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investment. Second, our results highlight that expectations regarding the duration of the shutdown - which, at this point of the … expect the shutdown to last longer are more likely to lay off workers and to cancel or postpone investment projects. …
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