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Most of the developing nations are still struggling for efficient use of their resources. In order to overcome physical and administrative constraints of the development, it is necessary to transfer the power from the central government to local authorities. Distribution of power from improves...
Persistent link: https://www.econbiz.de/10010836323
We find how to compute the non-symmetric Nash bargaining solution by means of a generalized property of linear division of the joint surplus, as an alternative of solving the maximization of the generalized Nash product. This generalized property of linear division in the non-symmetric Nash...
Persistent link: https://www.econbiz.de/10010720635
The passage from the Malthusian Regime to the Modern Regime has been theoretically investigated only in recent times and the understanding of this process is still incomplete. This paper develops a neoclassical OLG model of neoclassical growth which embodies a stylised fact emerged in the second...
Persistent link: https://www.econbiz.de/10010629325
This paper offers a contribution to the literature on strike activity by analyzing the effect of trust in labour disputes. I maintain that the higher is the level of confidence that people have in unions with respect to that placed on the firm, the more likely is their participation or their...
Persistent link: https://www.econbiz.de/10010629350
In a non competitive labour market, wages are determined by negotiations between trade unions and employers. We also suppose that two kinds of unemployment benefits follow. In the first, described as stationary, a stable benefit is paid whatever the duration of unemployment. In the second,...
Persistent link: https://www.econbiz.de/10010629407
This paper analyses the labour market effects of union wage bargaining for different sequences of the employment choice and the wage bargain. The result that collective bargaining decreases (firm-level) employment in a right-to-manage setting hinges on the assumption that employment is chosen by...
Persistent link: https://www.econbiz.de/10010629484
This paper offers a new representation of discrimination on the job market based on the most recent findings in the socio-psychological academic literature about human behaviour. Put it simply, it is assumed that the agents prefer working with people like themselves. This "affinity" principle is...
Persistent link: https://www.econbiz.de/10010629783
If "tax progression is good for employment in popular models of trade union behaviour" (Koskela and Vilmunen, 1996), then a flat-rate premium, as proposed as a means of funding for public health care, is bad. This note shows that replacing existing (proportional) social security contributions by...
Persistent link: https://www.econbiz.de/10010629934
Considering Cournot competition, this note shows that, if the firms differ in labor productivities, the equilibrium wage rates under a centralized labor union are not independent of the number of firms and product differentiation if the labor union charges a uniform wage rate. However, if the...
Persistent link: https://www.econbiz.de/10010630333
This paper presents a two-country model of duopolistic market with vertical relations which leads to a paradoxical result: when upstream firms possess sufficient bargaining power, cost-reducing FDI may actually enhance the rival firm's profit.
Persistent link: https://www.econbiz.de/10010630417