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ESOP Fables: The Impact of Employee Stock Ownership Plans on Labor Disputes
Cramton, Peter; Mehran, Hamid; Tracy, Joseph - 2005
-Ner and Jun (1996) model ESOPs as a buyout option for the union. The ownership share of the typical union ESOP, though, is … by the union. We demonstrate that ESOPs create incentives for unions to become weaker bargainers. As a result, the model … bargaining efficiency, we find that the announcement of a union ESOP leads to a 50% larger stock market reaction as compared …
Persistent link: https://www.econbiz.de/10009450687
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Small and medium establishments and the new federal workplace relations system
Lyons, Michael F.; Mortimer, D. E.; Whiting, Elizabeth; … - University of Western Sydney; University of Western Sydney; … - 2007
According to the Howard government and some 'small business' organisations, the changes made to Australian industrial relations arrangements by the 2005 'Work Choices' Act will be of particular importance to small and medium sized establishments (SMEs). Specifically, the dilution of the...
Persistent link: https://www.econbiz.de/10009481949
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Employer associations in a deregulated environment : the case of the Australian Retailers Association
Mortimer, D. E.; Bain, Lynda M.; Bond, Sue; Tipples, Rupert - University of Western Sydney; University of Western Sydney; … - 2004
This paper examines the responses of the Australian Retailers' Association to the deregulation of industrial relations. The acceptance of enterprise bargaining both by employers and trade unions in Australia calls into question the ongoing role of employers' associations. This question is...
Persistent link: https://www.econbiz.de/10009482149
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Employment relations: integrating industrial relations and human resource management
Abbott, Keith - 2007
collective bargaining in terms of three categorical models—the management-driven model, the trade union gatekeeper model, and the … management-union alliance model, the intention again being to show which are consistent and inconsistent with the coexistence of …
Persistent link: https://www.econbiz.de/10009483718
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The schooling response to a sustained increase in low-skill wages : evidence from Spain, 1989-2009
Lacuesta Gabarain, Aitor; Puente Díaz, Sergio; … - 2012
The response of human capital accumulation to changes in the anticipated returns to schooling determines the type of skills supplied to the labor market, the productivity of future cohorts, and the evolution of inequality. Unlike the US, the UK or Germany, Spain has experienced since 1995 a drop...
Persistent link: https://www.econbiz.de/10012530241
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Collective bargaining, firm heterogeneity and unemployment
Jimeno Serrano, Juan F.; Thomas, Carlos
Comparamos el comportamiento del mercado laboral bajo negociación a nivel de empresa y a nivel de sector en una economía de tipo Mortensen-Pissarides con un sector y con perturbaciones específicas a la empresa. Nuestros resultados teóricos principales son dos. Primero, el desempleo es menor...
Persistent link: https://www.econbiz.de/10012530356
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Contract staggering and unemployment during the great recession : evidence from Spain
Díez-Catalán, Luis; Villanueva López, Ernesto - 2014
Una caída de la actividad agregada conlleva una reducción de la demanda de empleo, que es tanto mayor cuanto más rígidos sean los salarios. Este artículo examina el impacto de la rigidez salarial en España sobre la evolución del empleo entre 2009 y 2010. La extensión de los convenios...
Persistent link: https://www.econbiz.de/10012530458
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Los efectos del salario mínimo interprofesional en el empleo: nueva evidencia para España
Barceló Varona, Cristina; Izquierdo Peinado, Mario; … - 2021
El artículo utiliza diferentes datos y enfoques para analizar el impacto en el empleo del incremento del SMI en 2019. Del análisis se desprende que, tras el incremento del SMI en dicho año, hubo un menor crecimiento del empleo del colectivo con menores salarios. El artículo desarrolla varios...
Persistent link: https://www.econbiz.de/10012545316
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Asymmetrische Effekte der Geldpolitik auf die Industrie in der Bundesrepublik Deutschland - eine Untersuchung auf Branchenebene
Hock, Thorsten - 2003
Bundesrepublik Deutschland auseinander. Dazu wird der Sektor nach der Systematik der BACH-Datenbank der europäischen Kommission in 10 …
Persistent link: https://www.econbiz.de/10009433722