Unions and Firms' Investments : A Unified View

In this paper, we present a simple model in which a unionized and non-unionized firm optimally make investment decisions given their labor productivity. By allowing workers' organizations to have positive effects on labor effort, we find that the classic hold-up problem does not necessarily survive. We also derive conditions under which rent-seeking by unions may actually encourage firms' investments

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Year of publication:	2019
Authors:	Berton, Fabio
Other Persons:	Dughera, Stefano (contributor) ; Ricci, Andrea (contributor)
Publisher:	[2019]: [S.l.] : SSRN
Subject:	Investition \| Investment \| Theorie \| Theory \| Gewerkschaftsmitgliedschaft \| Union membership \| Investitionsentscheidung \| Investment decision \| Gewerkschaft \| Trade union

Extent:	1 Online-Ressource (14 p)
Series:	IZA Discussion Paper ; No. 12515
Type of publication:	Book / Working Paper
Language:	English
Other identifiers:	10.2139/ssrn.3435390 [DOI]
Classification:	J51 - Trade Unions: Objectives Structure, and Effects ; O31 - Innovation and Invention: Processes and Incentives ; O32 - Management of Technological Innovation and R&D
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012864858