Narrow search
Showing 1 - 7 of 7
Cover Image
The currency union effect on trade is decreasing over time
De Sousa, Jose - Volkswirtschaftliche Fakultät, … - 2011
currency unions become less and less important to promote trade. …
Persistent link: https://www.econbiz.de/10009644920
Cover Image
Dividend Signaling and Unions
Arturo, Ramirez Verdugo - Volkswirtschaftliche Fakultät, … - 2004
. However, in a world where unions also receive these signals, managers are less inclined to send the signal in order to avoid …
Persistent link: https://www.econbiz.de/10005836430
Cover Image
An Analysis of Labour Adjustment Costs in Unionized Economies
Modesto, Leonor; Thomas, Jonathan P. - Institute for the Study of Labor (IZA) - 2000
In this paper we conduct a theoretical analysis of the implications of a union which can exploit the existence of firm labour adjustment costs. We consider a model involving a large number of identical firms facing a single, economy-wide union. We solve (i) for the Markov perfect equilibria with...
Persistent link: https://www.econbiz.de/10005763462
Cover Image
Are Union Members Happy Workers after All? Evidence from Eastern and Western European Labor Markets
Georgellis, Yannis; Lange, Thomas - Volkswirtschaftliche Fakultät, … - 2009
Based on data from the European Values Study (EVS), we compare the determinants of job satisfaction and the impact of union membership in Eastern and Western European labor markets. Correcting our regressions for union endogeneity and controlling for individual characteristics, values and...
Persistent link: https://www.econbiz.de/10005105913
Cover Image
State Fiscal Adjustment During Times of Stress: Possible Causes of the Severity and Composition of Budget Cuts
Clemens, Jeffrey - Volkswirtschaftliche Fakultät, … - 2013
Efforts to maintain balanced budgets lead to substantial pro-cyclicality in states' capital investments, transfers to local governments, and spending in areas like education and transportation. Reliance on volatile revenue sources predicts relatively severe volatility in these expenditures....
Persistent link: https://www.econbiz.de/10011112334
Cover Image
Welfare Effects of Union Bargaining Centralisation in a Two-Sector Economy
Dittrich, Marcus - Volkswirtschaftliche Fakultät, … - 2006
The paper analyses the welfare effects of union bargaining centralisation in a simple general equilibrium model. A two-sector model is developed where the wage rate in the first sector is either set decentralised by a small union at the firm level or centralised by a large union covering all...
Persistent link: https://www.econbiz.de/10005786919
Cover Image
Unions, Increasing Returns and Endogenous Fluctuations
Coimbra, Rui; Lloyd-Braga, Teresa; Modesto, Leonor - Institute for the Study of Labor (IZA) - 2000
We analyse the implications of unions (efficient bargaining) for multiplicity of stationary states and welfare, local … external increasing returns to scale, where capital is the unique asset. We find that a slight increase in unions power may … deterministic endogenous fluctuations. However, we find that union’s bargaining power can dramatically influence the local stability …
Persistent link: https://www.econbiz.de/10005761682