, thereby protecting workers against firm-specific risks. Indeed, in Denmark, workers bear less firm-specific risk than workers …

, thereby protecting workers against firm-specific risks. Indeed, in Denmark, workers bear less firm-specific risk than workers …. -- Wagesetting ; optimal risk sharing ; employment protection ; corporate governance …

their outside option. Empirical results for Denmark, Portugal and the United States show that Denmark is closest to the … first-best outcome, while Portugal and the United States deviate in different ways. Coordination in wage bargaining and …

, thereby protecting workers against firm-specific risks. Indeed, in Denmark, workers bear less firm-specific risk than workers …

, thereby protecting workers against firm-specific risks. Indeed, in Denmark, workers bear less firm- specific risk than workers …

, thereby protecting workers against firm-specific risks. Indeed, in Denmark, workers bear less firm-specific risk than workers …

, thereby protecting workers against firm-specific risks. Indeed, in Denmark, workers bear less firm-specific risk than workers …