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The micro- and macroeconomic effects of the declining power of trade unions have been hotly debated by economists and policymakers. Nevertheless, the empirical evidence shows that the impact of the decline on economic aggregates and firm performance is not an overwhelming cause for concern....
Persistent link: https://www.econbiz.de/10011419472
The micro- and macroeconomic effects of the declining power of trade unions have been hotly debated by economists and policymakers. Nevertheless, the empirical evidence shows that the impact of the decline on economic aggregates and firm performance is not an overwhelming cause for concern....
Persistent link: https://www.econbiz.de/10012162830
It is well-known that the wealthier are more likely to have Right-leaning political preferences. We here in addition consider the role of the individual's starting position, and in particular their upward social mobility relative to their parents. In 18 waves of UK panel data, both own and...
Persistent link: https://www.econbiz.de/10014311622
and the extent of redistribution in democratic regimes - though such a link does not exist when objective measures of …
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Utilitarianism can be misplaced or ambiguous. As a prescription for individual behaviour, the injunction to seek the greatest good for the greatest number is misplaced because there remains a domain of life where, within the bounds of law and custom, one is free to act as selfishly or as...
Persistent link: https://www.econbiz.de/10011671870
' domestic outside options. Only if the latter become sufficiently attractive will redistribution induce some offshoring, and it … for the generosity of the welfare state below which redistribution becomes less instead of more distortive. -- offshoring … ; import competition ; wage bargaining ; oligopoly ; redistribution …
Persistent link: https://www.econbiz.de/10003931419
improves the workers' outside options. Only if the latter become sufficiently attractive will redistribution induce some … upper limit for the generosity of the welfare state below which redistribution becomes less instead of more distortive …. -- offshoring : import competition ; wage bargaining ; oligopoly ; redistribution …
Persistent link: https://www.econbiz.de/10003966443