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their outside option. Empirical results for Denmark, Portugal and the United States show that Denmark is closest to the … first-best outcome, while Portugal and the United States deviate in different ways. Coordination in wage bargaining and …
Persistent link: https://www.econbiz.de/10010276828
We argue in favour of the shareholder model of the firm for three main reasons. First, serving multiple stakeholders leads to ill-defined property rights. What sounds like a fair compromise between stakeholders can easily evolve in a permanent struggle between the stakeholders about the ultimate...
Persistent link: https://www.econbiz.de/10010276859
This study documents two empirical regularities, using data for Denmark and Portugal. First, workers who are hired last …
Persistent link: https://www.econbiz.de/10010276980
This study documents two empirical regularities, using data for Denmark and Portugal. First, workers who are hired last …
Persistent link: https://www.econbiz.de/10010277117
This study documents two empirical regularities, using data for Denmark and Portugal. First, workers who are hired last …
Persistent link: https://www.econbiz.de/10010325923
The Portuguese economy has been characterised by modernisation sincethe post-war period. Lisbon and the Tagus Valley is a centre of thisprocess. Hence, this region faces a high demand for highly skilledlabour. This paper analyses rates of return on human capital in theregion of Lisbon and in the...
Persistent link: https://www.econbiz.de/10010324526
We argue in favour of the shareholder model of the firm for three main reasons. First, serving multiple stakeholders leads to ill-defined property rights. What sounds like a fair compromise between stakeholders can easily evolve in a permanent struggle between the stakeholders about the ultimate...
Persistent link: https://www.econbiz.de/10010325305
Persistent link: https://www.econbiz.de/10010210615
Persistent link: https://www.econbiz.de/10003929259
Persistent link: https://www.econbiz.de/10000994232