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Using CPS data for 1977-2002, the author tests the standard wage determination model's prediction that the threat of union organization increases nonunion wages and reduces the union/nonunion wage differential. The results are mixed. Estimates employing the predicted probability of union...
Persistent link: https://www.econbiz.de/10005813227
This study develops two models of the behavior of interest arbitrators in which the arbitrator has some exogenous notion of an equitable settlement and yet is also influenced to some extent by the positions of the parties. The author argues that it is the arbitrator's notion of an equitable...
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It is common observation that many individuals vote despite the fact that in elections with even a moderate number of voters, the probability their vote will be pivotal is quite small. The theoretical solutions of positing that individuals receive utility from the act of voting itself "explains"...
Persistent link: https://www.econbiz.de/10008554083
The Great Recession from December 2007 to June 2009 is associated with a dramatic weakening of the labor market from which the labor market is now only slowly recovering. The unemployment rate remains stubbornly high and durations of unemployment are unprecedentedly long. I use data from the...
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In response to the Great Recession and sustained labor market downturn, the availability of unemployment insurance (UI) benefits was extended to new historical highs in the United States, up to 99 weeks as of late 2009 into 2012. We exploit variation in the timing and size of UI benefit...
Persistent link: https://www.econbiz.de/10010640508
The labor market in the Great Recession and its aftermath is characterized by great difficulty in escaping unemployment. I present two empirical analyses of a particular explanation for that difficulty, that the housing market crisis has prevented the unemployed from selling their homes and...
Persistent link: https://www.econbiz.de/10010549002
Multiple studies find that plaintiffs who lose at trial and subsequently appeal are less successful on appeal than are losing defendants who appeal. The studies attribute this to a perception by appellate judges that trial courts are biased in favor of plaintiffs. However, at least two...
Persistent link: https://www.econbiz.de/10010812160