Our paper seeks to provide an explanation for why the prevalence of COLA provisions and their characteristics vary widely across U.S. industries. We develop models of optimal risk sharing between a firm and union that allows us to investigate the determinants of a number of characteristics of...

Our paper seeks to provide an explanation for why the prevalence of COLA provisions and their characteristics vary widely across U.S. industries. We develop models of optimal risk sharing between a firm and union that allows us to investigate the determinants of a number of characteristics of...

Many of Taiwan's highly export-oriented enterprises are small and medium-sized, and many are in a relatively good position to cope with, even to take advantage of, globalisation. Because they generally do not have strong in-house R&D, and often do not have their own global marketing channels and...

Taiwan’s information technology industry has experienced phenomenal growth in the last decade, and it is currently ranked among the largest in the world. The growth has been overwhelmingly export-oriented, with microcomputers and computer monitors leading in terms of both growth and production...