The situation when employees are not paid wages is more common nowadays, and labor conflicts mainly related to this. In the Islamic economy, wage arrears all issues it of fundamental importance, since relationship between manager much closer than with counterparties or creditors. addition, there specific aspects that should be taken into account analyzing these kinds questions. purpose this art...

There is a clear negative relation across OECD countries between measures of the quality of labor relations and unemployment. We argue that conflictual labor relations cause high unemployment, and we propose a model to think about this issue. Empirically, we use historical evidence from the 19th century to construct an instrument for current labor relations and establish causality. Theoreticall...