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Full-Text Articles in Business
Labor Unions And The Economic Performance Of Firms, Barry T. Hirsch
Labor Unions And The Economic Performance Of Firms, Barry T. Hirsch
Upjohn Press
Hirsch develops a model of union rent-seeking in which the unions capture a share of quasi-rents that make up the normal ROI in long-lived capital and R&D. He finds that in response, firms adjust their investments in vulnerable tangible and intangible capital. Hirsch also attempts to explain the connection between the contraction of the size of unions which occurred in the 1970s and firms' lower profitability, diminished market value, and lower investment levels.
The Tax Treatment Of Fringe Benefits, Stephen A. Woodbury, Wei-Jang Huang
The Tax Treatment Of Fringe Benefits, Stephen A. Woodbury, Wei-Jang Huang
Upjohn Press
Woodbury and Huang use econometric models to investigate how changes in the tax treatment of fringe benefits can be expected to influence the level of benefits and compensation provided by employers, federal revenues, and income inequality.