Showing 1 - 7 of 7
The goal of this paper is to examine the implied penalty policies underlying the remedies created by the National Labor Relations Act (NLRA) in terms of the policies' impact on employer and union behaviors. We present a simple model of deterrence as a means of evaluating workplace penalty...
Persistent link: https://www.econbiz.de/10008764664
Economists have often argued that "pay for performance" is the optimal compensation scheme. However, use of the … simplest form of pay for performance, the piece rate, has been in decline in manufacturing in recent decades. We show both … performance on easy-to-observe tasks, enhanced performance on hard-to-observe tasks, and improved firm profitability. Our analysis …
Persistent link: https://www.econbiz.de/10008727844
Recent estimates in standard models of wage determination for both unionization and occupational licensing have shown wage effects that are similar across the two institutions. These cross-sectional estimates use specialized data sets, with small sample sizes, for the period 2006 through 2008....
Persistent link: https://www.econbiz.de/10010821983
The impact of government social and labor market institutions on economic outcomes have generated a great deal of attention by economists and policymakers in the U.S. and in other nations. The theoretical model suggests that there are trade offs of higher levels of economic outcomes with more...
Persistent link: https://www.econbiz.de/10005580511
union leadership and related labor relations events, estimates may mis-specify impacts on firm performance. Strikes … amounts during the period they were occurring. In contrast with much of the firm performance literature, we find small initial …
Persistent link: https://www.econbiz.de/10005580804
The study examines US-European productivity and worker attitude differences, focusing on changes in incentive structures. We analyze productivity and worker attitudes in five plants in the UK and US belonging to the same multinational producer of automotive sensors and actuators. We examine the...
Persistent link: https://www.econbiz.de/10005774713
Occupational licensing is among the fastest-growing labor market institutions in the U.S. economy. One of the key features of occupational licensing is that the law determines who gets to do the work. In those cases where universally licensed occupations are both complements to and substitutes...
Persistent link: https://www.econbiz.de/10008727871