Results 61 to 70 of about 955 (196)
How Does Progressivity Affect the Tax Cut Multiplier?
International Economic Review, EarlyView.ABSTRACT How does the targeting of personal income tax cuts affect the output multiplier? This paper provides quantitative evidence using a heterogeneous‐agent New‐Keynesian model calibrated to match US distributions of income, wealth, marginal tax rates, and marginal propensities to consume.
Christian Gillitzer
wiley +1 more source
Legitimacy and Employment Relations Research: A Review and Research Agenda
Industrial Relations: A Journal of Economy and Society, EarlyView.ABSTRACT This article provides a comprehensive review of existing research and develops an agenda for analyzing legitimacy in employment relations. It argues that legitimacy should be understood as a dynamic and contested process through which actors, institutions and policy ideas are legitimated, delegitimated and reworked.
Andy Hodder +4 more
wiley +1 more source
Industrial Relations Journal, EarlyView.ABSTRACT This paper applies the efficiency, equity and voice (EEV) framework to dispute resolution mechanisms in Brazilian banking, empirically extending it in three ways: separating procedural from accessible equity; recognising collective strategic value beyond individual dispute performance; and treating efficiency‐equity trade‐offs as ...
Paulo Marzionna
wiley +1 more source
Industrial Relations Journal, EarlyView.ABSTRACT Official discourse suggests that 12% of Britain's workforce engages in precarious work where non‐compliance is concentrated. Research reported here suggests this provides a partial picture and that, in specific sectors, non‐compliant employers, organized crime groups and criminalized employment are ceded by the state, where many ...
Ian Clark +3 more
wiley +1 more source
Policy Biases in a Model with Labor‐Market Frictions
Journal of Money, Credit and Banking, EarlyView.Abstract We develop a model with labor‐market matching frictions that is subject to a range of shocks, including shocks to matching efficiency and bargaining power, and use the model to examine how monetary policy should respond to such shocks. We show that optimal monetary policy responds effectively to these shocks, producing economic outcomes that ...
RICHARD DENNIS, TATIANA KIRSANOVA
wiley +1 more source
Nash Bargaining Over Margin Loans to Kelly Gamblers
Risks, 2019 I derive practical formulas for optimal arrangements between sophisticated stock market investors (continuous-time Kelly gamblers or, more generally, CRRA investors) and the brokers who lend them cash for leveraged bets on a high Sharpe asset (i.e., the ...
Alex Garivaltis
doaj +1 more source
RPM and Vertical Integration With Upstream Competition and Noncontractible Efforts
The Journal of Industrial Economics, EarlyView.ABSTRACT We study RPM and vertical integration in a common agency setting with two differentiated manufacturers and one retailer, where consumer demand depends on both the manufacturers' and retailer's noncontractible efforts. Under vertical separation, the adoption of maximum RPM by both manufacturers is an equilibrium and intensifies competition ...
Michele Bisceglia +3 more
wiley +1 more source
Make or Buy Decisions and Data Sharing
The Journal of Industrial Economics, EarlyView.ABSTRACT Firms can share data to discover potential synergies between their data sets and algorithms, eventually leading to more efficient mergers and acquisitions (M&A) decisions. However, data sharing also modifies the competitive balance when firms do not merge, and a company may be reluctant to share data with potential rivals.
Antoine Dubus, Patrick Legros
wiley +1 more source
Lurking Patent Claims and Strategic Royalty Contracts
The Journal of Industrial Economics, EarlyView.ABSTRACT This paper analyzes optimal licensing contracts when a licensee faces the risk of future infringement claims by unknown patent holders. In a setting where a noncompeting licensor contracts with a monopolistic manufacturer, fixed‐fee licensing is optimal absent such claims.
Jay Pil Choi
wiley +1 more source
Bargaining over Strategies of Non-Cooperative Games
Games, 2015 We propose a bargaining process supergame over the strategies to play in a non-cooperative game. The agreement reached by players at the end of the bargaining process is the strategy profile that they will play in the original non-cooperative game.
Giuseppe Attanasi +3 more
doaj +1 more source