The Clean Air Act Amendments (CAAA) of 1990 will have a major impact on U.S. coal markets. We argue that coal suppliers will be able to use the market in sulfur dioxide emissions allowances created by the CAAA to increase the range of their competitive strategies in their core business, coal.

The severe productivity slowdown in coal mining in the 1970s has been widely attributed to the Coal Mine Health and Safety Act. However, other variables also warrant attention. Increasing unrest in the coal fields and challenges to both the Mine workers Union and coal operators also...

Le but de cet article est d'isoler les diterminants qui expliquent significativement les decisions de gestion des risques des entreprises non financieres. Nous appliquons le modele a des entreprises minieres en Amirique du nord. La variable aleatoire considiree est le prix de vente d'une once...

The goal of this article is to isolate the significant determinants that affect the decision of non-financial firms to hedge their risks. Our application is for the North American gold mining industry. The random variable considered is the selling price of an ounce of gold. We show that several...

The conservative central banker has come under attack recently. Explicitly modeling the interaction of a trade union with monetary policy, it has been argued that the standard solution to the inflationary bias in monetary policy might actually be welfare reducing if the trade union has an...

Despite declining bargaining power, unions continue to generate a wage premium. Some feel collective bargaining has had its day. Politicians on both sides of the Atlantic have recently called for the removal of bargaining rights from workers in the name of wage and employment flexibility, yet...

This article investigates the transformations of the French unionism and of the French system of industrial relations over the last years and their probable future. It shows: an evolution from a militant unionism to a professionalized trade unionist system; the decline of collective actions; the...

This article discusses the current characteristics of trade unionism in Italy. First, however, attention is paid to the initial imprinting of the model, which stemmed from the circumstances in which the trade unions were reconstituted at the end of WWII, and whose far-reaching consequences are...

This paper examines the past, present and future trajectory of unions and the union movement in Britain to analyse whether collectively they remain on the margins of influence in the economy and society or whether, given and because of the crisis of neoliberalism, they may be on the cusp of a...