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Persistent link: https://www.econbiz.de/10005780995
We estimate the gain in productivity that is realized by paying workers piece rates rather than fixed wages; i.e., the …
Persistent link: https://www.econbiz.de/10005781103
This paper analyses the optimal behaviour of a trade union trying to extract capital rents. It shows that wages can …
Persistent link: https://www.econbiz.de/10005781143
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If worker performance is observable and contractible without cost, then why do we observe "Spencian", unproductive, education? We provide the following explanation. Say that the economy consists of several different sectors, and that agents are uncertain which of these sectors they are best fit...
Persistent link: https://www.econbiz.de/10005781245
the hypothesis that firms share product market rents with their workers in the form of higher wages. …
Persistent link: https://www.econbiz.de/10005781254
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We examine how a merger affects wages of unionized labour and, in turn, the profitability of a merger under both … corresponding model with exogenous wages. …
Persistent link: https://www.econbiz.de/10005781265
wages subject to a labour demand curve. The level of wages is determined by union effort. The union negotiates as a monopoly … negotiator which is a function of the wages bargaindes and other workers wages. …
Persistent link: https://www.econbiz.de/10005783293