IDEAS home Printed from https://ideas.repec.org/a/mhr/jinste/urnsici0932-4569(199709)1533_545oteeom_2.0.tx_2-o.html
   My bibliography  Save this article

On the Employment Effect of Manning Rules

Author

Listed:
  • Juergen Jerger
  • Jochen Michaelis

Abstract

Manning rules specify the number of workers assigned to a machine or operation. If unions and firms bargain over manning rules (instead of only over wages), employment rises for a given capital stock. In this paper, we extend the analysis to endogenous capital formation. Our analysis suggests that a small positive employment effect can be observed at the firm level and - for values of the elasticity of substitution between labour and capital below unity - also at the aggregate level. Moreover, we address the issue of McDONALDS and SOLOW's [1981] conjecture, which states that manning rules and efficient contracts are close substitutes.

Suggested Citation

  • Juergen Jerger & Jochen Michaelis, 1997. "On the Employment Effect of Manning Rules," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 153(3), pages 545-545, September.
    • Handle: RePEc:mhr:jinste:urn:sici:0932-4569(199709)153:3_545:oteeom_2.0.tx_2-o
    as

    Download full text from publisher

    File URL: http://www.ingentaconnect.com/content/mohr/jite/1997/00000153/00000003/art00006
    Download Restriction: Fulltext access is included for subscribers to the printed version.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Bonin, Holger & Raffelhüschen, Bernd, 1999. "Public finances in the European Union: Is convergence sustainable?," Discussion Papers 77, Albert-Ludwigs-Universität Freiburg, Institut für Finanzwissenschaft.
    2. Borgmann, Christoph, 2002. "Labor income risk, demographic risk, and the design of (wage-indexed) social security," Discussion Papers 100, Albert-Ludwigs-Universität Freiburg, Institut für Finanzwissenschaft.

    More about this item

    JEL classification:

    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
    • J51 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Trade Unions: Objectives, Structure, and Effects

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mhr:jinste:urn:sici:0932-4569(199709)153:3_545:oteeom_2.0.tx_2-o. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Thomas Wolpert (email available below). General contact details of provider: https://www.mohrsiebeck.com/jite .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.