Using a collective model of labor supply and the methodology of Vermeulen et al. (2006), I estimate intrahousehold bargaining power and leisure externalities from observed labor supply decisions and income in the Panel Study of Income Dynamics. This analysis provides several contributions to the collective model literature. First, I consider a large time period (1968-2011) – a scale rarely appr...

This paper develops a bargaining model of wage and employment determination for the public sector. The solution to the model generates structural wage and employment equations that are estimated using data from New York State teacher-school district collective bargaining agreements. An advantage of this approach is that the major collective bargaining models (monopoly union, right to manage, ef...

This paper employs a novel, firm-level collective bargaining dataset, which is extracted directly from 10-K filings, to investigate the effect of labor, as an important stakeholder of a firm, on debt contracting. I find that employees’ collective bargaining power is positively associated with loan spreads despite the possible alignment of interests between employees and debt holders. Prior lite...

Multilateral funding for global environmental protection, such as biodiversity conservation, requires donor participation. When are donors willing to participate? We examine a game-theoretic model of multilateral funding for environmental projects in developing countries. Donors must first decide whether to participate in a multilateral institution. They do so in anticipation of a bargaining ou...

Market Power, Dismissal Threat and Rent Sharing: The Role of Insider and Outsider Forces in Wage Bargaining One of the predictions of the insider-outsider theory is that wages will be higher in sectors (firms) with high labor adjustment costs/high turnover costs. This prediction is tested empirically in this study, using an insider-outsider model and a longitudinal panel of large firms in Portu...

Background During the last three decades, the Total Fertility Rate (TFR) in Iran has fallen considerably; from 6.5 per woman in 1983 to 1.89 in 2010. This paper analyzes the extent to which economic determinants at the micro and macro levels are associated with the number of children in Iranian households.   Methods Household data from the 2010 Household Expenditure and Income Survey (HEIS) is ...

The paper analyses recurring group decision making problems under uncertainty regarding future preferences of the actors involved, problems faced by many real world committees. The need for continuity in policy making implies that past decisions play an important role in determining subsequent ones, creating dynamic procedural linkages. In this context we compare two bargaining protocols: i) th...

While representation in the U.S. House is based upon state population, each state has an equal number (two) of U.S. Senators. Thus, relative to the state delegations in the U.S. House, small population states are provided disproportionate bargaining power in the U.S. Senate. This paper provides new evidence on the role of this small state bargaining power in the distribution of federal funds us...