Perceived Intangible Capital
In: Singapore Management University School of Accountancy Research Paper Forthcoming
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In: Singapore Management University School of Accountancy Research Paper Forthcoming
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In: Journal of Financial Economics (JFE), Band 133, Heft 3
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In: International Journal of Behavioral and Healthcare Research, Forthcoming
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In: TILEC Discussion Paper No. DP2022-007
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Powerful unions may slow investments in physical capital and in research and development, but the effect is influenced by the institutional context. Union effects on research and development are negative in the US but insignificant in EU countries. Cross-country evidence also shows negative effects, particularly for research-intensive industries with irreversible capital investments. However, industrial relations play a crucial mediating role. By routinely involving unions in government decisions on social and economic policy, policymakers may be able to shape incentives to sustain cooperation with employers and boost investment.
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In: European journal of political economy, Band 11, Heft 2, S. 361
ISSN: 0176-2680
In: NBER Working Paper No. w23233
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In: European Journal of Political Economy, Band 11, Heft 2, S. 361-378
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In: IZA world of labor: evidence-based policy making
ISSN: 2054-9571
In: Journal of political economy macroeconomics, Band 1, Heft 3, S. 447-505
ISSN: 2832-9341
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