| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w17192 |
| 来源ID | Working Paper 17192 |
| Negotiating with Labor Under Financial Distress | |
| Efraim Benmelech; Nittai K. Bergman; Ricardo Enriquez | |
| 发表日期 | 2011-07-08 |
| 出版年 | 2011 |
| 语种 | 英语 |
| 摘要 | We analyze how firms renegotiate labor contracts to extract concessions from labor. While anecdotal evidence suggests that firms tend to renegotiate down wages in times of financial distress, there is no empirical evidence that documents such renegotiation, its determinants, and its magnitude. This paper attempts to fill this gap. Using a unique data set of airlines that includes detailed information on wages and pension plans we document an empirical link between airline financial distress, pension underfunding, and wage concessions. |
| 主题 | Financial Economics ; Financial Institutions ; Corporate Finance ; Labor Economics ; Labor Supply and Demand ; Labor Compensation |
| URL | https://www.nber.org/papers/w17192 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/574867 |
| 推荐引用方式 GB/T 7714 | Efraim Benmelech,Nittai K. Bergman,Ricardo Enriquez. Negotiating with Labor Under Financial Distress. 2011. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w17192.pdf（280KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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