This paper introduces wage bargaining in the framework of Milgrom and Roberts where the workers' reservation wage is the relevant information parameter critical for entry. The authors show that entry threat signicantly distorts the wage, which in turn adversely aects the rm's ability to signal...

In developing countries, empirical evidence suggests that labor unions entail a positive wage gap for unionized workers, in particular in monopolistic and publicly controlled firms. In this paper, we analyze how the presence of a labor union affects the regulation of a monopoly under asymmetric...

Research and development (R&D) is a critical factor in sustaining a firm’s competitive advantage. Accurate measurement of R&D productivity and investigation of its influencing factors are of value for R&D productivity improvements. This study is divided into two sections. The first section...

в статье рассматривается проблема негативного влияния трансакционных издержек на воспроизводство человеческого капитала и обеспечения эффективной системы...

В статье рассматривается сущность и формы контрактов в системе трудовых отношений России. Выясняются отличия российской системы трудовых контрактов от...

Going forward, Korea faces two closely related challenges: sustaining economic growth against the backdrop of a rapidly aging population and ameliorating income inequality. This paper argues that a gradual increase in social spending could promote more sustainable and inclusive growth in Korea....

Why do producers often accept parallel trade in some markets such as automobiles, clothing, toys and consumer electronics? This paper points to a new factor, viz., the wage reducing effect of parallel trade in unionized markets, which may make parallel trading beneficial to a manufacturer. The...

This paper studies the relationship between teacher unionization and student achievement. Generally stable patterns of teacher unionization since the 1970s have historically presented challenges in measuring the effects of unionization on educational production. However, the blossoming of the...

Este artículo presenta un análisis del proceso de negociación política que tuvo lugar entre los representantes del gobierno de Costa Rica y sus contrapartes sindicales en 1995. Los objetivos del estudio son: 1) Determinar los propósitos de las partes involucradas en el proceso de...

The presence of Labor Unions is expected to provide a higher bargaining power for its members so that the rights of workers can be better acknowledged. In Indonesia, presently, the role of unions is more highlighted in the determination of the minimum wage. This study aims to estimate the the...