Worker movements played a crucial role in making workplaces safer. Workplace safety is costly for firms but increases labour supply. A laissez-faire approach leaving safety of workplaces unknown is suboptimal. Safety standards set by better-informed trade unions are output and welfare...

Worker movements played a crucial role in making workplaces safer. Workplace safety is costly for firms but increases labour supply. A laissez-faire approach leaving safety of workplaces unknown is suboptimal. Safety standards set by better-informed trade unions are output and welfare...

Aus historischer Sicht spielten Arbeiterbewegungen eine entscheidende Rolle in der Entwicklung sicherer Arbeitsplätze. Unfallschutz am Arbeitsplatz ist für Unternehmen kostspielig, führt aber aufgrund eines Rückgangs der Krankheitstage zu einem Anstieg des Arbeitsangebots. In einer freien...

Current explanations why a growing economy necessarily goes through booms and recessions predict countercyclical R&D investment. As this is very controversial from an empirical perspective, a stochastic Poisson model of endogenous business cycles and growth is presented where the determinants of...