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Akerlof, Robert - 2012

Within organizations, there are typically limits to leaders’ authority. This paper explores how organizations are structured in the face of such constraints. Many organizational phenomena can be understood as due to leaders’ desire to bolster the “legitimacy” of their authority. Examples...

Persistent link: https://www.econbiz.de/10014166087

Labor market efficiency, wages and employment when search frictions interact with intrafirm bargaining

Cahuc, Pierre; Wasmer, Etienne - 2001

overemployment or to under-employment compared with the first-best. On the other hand, in Stole and Zwiebel's theory of intrafirm … and always gives rise to over-employment. In this paper, we try to reconcile the approaches. A simple matching model with … employment compared to the efficient allocation than in the standard search-matching model. …

Persistent link: https://www.econbiz.de/10001605197

The endogeneity of business cycle synchronisation in SADC : a GMM approach

Nzimande, Ntokozo Patrick; Ngalawa, Harold - In: Cogent economics & finance 5 (2017) 1, pp. 1-14

Studies often conclude that the proposed Southern African Development Community monetary union would be disastrous and not optimal for all member countries. This is because of the observed low, and sometimes negative business cycle correlation amongst member countries. However, it has been...

Persistent link: https://www.econbiz.de/10011882592

Market Integration and Strike Activity

Mauleon, Ana; Vannetelbosch, Vincent J. - 2005

We consider a two-country model of wage determination with private information in unionized imperfectly competitive industries. We investigate the effects of separated product markets opening up for competition as well as of further market integration on the negotiated wage and the maximum delay...

Persistent link: https://www.econbiz.de/10014063279

Product Market Integration and Labour Markets: Aggregate Gains at the Cost of More Inequality?

Andersen, Torben M.; Sørensen, Allan - Institute for the Study of Labor (IZA) - 2007

model that aggregate increases in wages and employment may conceal important differences across sectors/groups driven by a …

Persistent link: https://www.econbiz.de/10005763565

Product Market Integration, Wages and Inequality

Andersen, Torben M; Sorensen, Allan - C.E.P.R. Discussion Papers - 2005

International integration strengthening intra-industrial trade may have important implications for employment, wages …

Persistent link: https://www.econbiz.de/10005123528

Product market integration, rents and wage inequality

Andersen, Torben M.; Sørensen, Allan - School of Economics and Management, University of Aarhus - 2010

Globalization in the form of product market integration affects labour markets and produces winners and losers. While there are aggregate gains, it is in general ambiguous how inequality is affected. We explore this issue in a Ricardian model and show that it depends on the balance between...

Persistent link: https://www.econbiz.de/10008587735

Integration, labor market regulation, lobbying, and technological change

Palokangas, Tapio K. - 2009

This paper examines an economic union where oligopolistic firms produce by skilled and unskilled labor and do in-house R&D by skilled labor. The planner of the union accepts new members to the union, regulates the labor market through a minimum wage for unskilled labor and supports firms by...

Persistent link: https://www.econbiz.de/10003830286

Economic integration, market power and technological change

Palokangas, Tapio K. (contributor) - 2005

We examine a common market which expands by integrating new regions. Capitalists are strategically interdependent through the goods market and they improve their productivity through R&D. Production and R&D employ unionized workers. The purpose of integration is to maximize a weighed average of...

Persistent link: https://www.econbiz.de/10002804842

Economic Integration, Market Power and Technological Change

Palokangas, Tapio - 2021

Persistent link: https://www.econbiz.de/10013318522