منابع مشابه
Mobilization of External Allies in Labor Disputes
To cope with steep losses in membership and eroding legal protections, some unions have begun to look outward for help. Scholars likewise point to broad-based coalitions as a potential route to labor’s revitalization. Yet surprisingly little is known about union coalition work, from when and why it occurs to what union allies typically bring to the table. We take up these issues with a unique d...
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How large are the welfare e¤ects of EU enlargement and to what extent are skilled workers a¤ected di¤erently than unskilled workers in each region? In this paper, imperfect labor mobility is modeled within an economic geography framework to examine the welfare implications of goods and factor market integration. While unskilled workers are immobile, forward-looking skilled workers have the opti...
متن کاملLabor Adjustment Costs and Capital Structure Decisions
This paper investigates how the costs associated with dismissing employees impact a firm’s capital structure decisions. I hypothesize that increases in these labor adjustment costs reduce a firm’s optimal amount of debt financing by lowering expected profitability and raising financial distress costs and operating leverage. To test this hypothesis, I adopt a difference-in-differences research d...
متن کاملEmployment Dynamics and the Structure of Labor Adjustment Costs
Employment Dynamics and the Structure of Labor Adjustment Costs In this paper we document the patterns of employment adjustment at the micro-level. We find clear evidence of lumpy adjustment consistent with the presence of non-convexities in the adjustment technology inaction is pervasive, action spells are short-lived, extreme adjustment episodes occur and are responsible for a non-trivial sha...
متن کاملThe Period of Labor Adjustment and Bargaining Models
Nowadays, the deregulations of firing attract much more attention, in Japan. The effects of these deregulations are frequently discussed in the view of firms’ employment decisions. This paper focuses attention on another effect of deregulations using bargaining models with adjustment costs. We show that, regardless of the deregulation increases a long-run employment level, the welfare of worker...
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ژورنال
عنوان ژورنال: Harvard Law Review
سال: 1944
ISSN: 0017-811X
DOI: 10.2307/1335122