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Poland, Hungary. and Czechoslovakia and develop a model of changing support for reforms during the transition to a market … greatly. State-owned enterprises reduced employment even absent privatization, producing sizeable joblessness and eliminating … massive vacancies. The dispersion of wages increased substantially in Hungary and Poland though not in Czechoslovakia. My …
Persistent link: https://www.econbiz.de/10013220944
This paper reviews workforce participation in strategic decisions - those that affect the basic direction of the company - when workforce interests are represented collectively through unions. We consider the problem of corporate governance and review the rationale for what we term strategic...
Persistent link: https://www.econbiz.de/10013239945
Although there exists a large literature on the effects of trade unions upon wages, there is no published work that uses microeconomic data to examine the employment consequences of unionization. The paper addresses this issue with a new British data set and shows that, even after the addition...
Persistent link: https://www.econbiz.de/10013240967
The direct role of employers in union organizing has long been a neglected part of the union organizing literature. In this study we examine the determinants and consequences of employer behavior when faced with an organizing drive. Our principal substantive findings are: - that there is a...
Persistent link: https://www.econbiz.de/10013244357
The unionized share of the work force changed markedly in the United Kingdom between the 1970s and 1980s. In the 1970s density rose steadily, making the United Kingdom the most heavily organized large OECD country. In the 1980s, by contrast, density fell by 1.4 percentage points per annum -- a...
Persistent link: https://www.econbiz.de/10013245113
This paper examines the optimality of several seniority provisions which are common to U.S. union contracts. The paper focuses on the attempts by the initial union members to maximize their return from organizing the union. An overlapping generations model is used in the analysis. Seniority wage...
Persistent link: https://www.econbiz.de/10013249685
This study investigates the impact of union organization on the wages and labor practices of establishments newly organized in the 1980s using a research design in which establishments are 'paired' with their closest nonunion competitor. There are two major findings. First. unionism had only a...
Persistent link: https://www.econbiz.de/10012760208
privatization, with emphasis on Poland, Hungary, and Czechoslovakia. Progress in privatizing small firms has been rapid in several …Privatization of state assets is an essential step to the creation of a viable private sector in the formerly socialist … East European countries, but privatization of large firms has been slow, with most success to date in Hungary …
Persistent link: https://www.econbiz.de/10013247193
This paper shows that social capital increases economic growth by raising government investment in human capital. We present a model of stochastic endogenous growth with imperfect political agency. Only some people correctly anticipate the future returns to current spending on public education....
Persistent link: https://www.econbiz.de/10012920892
Output per worker varies enormously across countries. Why? On an accounting basis, our analysis shows that differences in physical capital and educational attainment can only partially explain the variation in output per worker we find a large amount of variation in the level of the Solow...
Persistent link: https://www.econbiz.de/10013224182