Essec\Faculty\Model\Contribution {#2188
  #_index: "academ_contributions"
  #_id: "8094"
  #_source: array:26 [
    "id" => "8094"
    "slug" => "investment-through-retained-earnings-and-employment-in-transitional-economies"
    "yearMonth" => "1997-01"
    "year" => "1997"
    "title" => "Investment through Retained Earnings and Employment in Transitional Economies"
    "description" => "VRANCEANU, R. (1997). <i>Investment through Retained Earnings and Employment in Transitional Economies</i>. ESSEC Business School."
    "authors" => array:1 [
      0 => array:3 [
        "name" => "VRANCEANU Radu"
        "bid" => "B00000524"
        "slug" => "vranceanu-radu"
      ]
    ]
    "ouvrage" => ""
    "keywords" => []
    "updatedAt" => "2020-12-17 21:00:33"
    "publicationUrl" => null
    "publicationInfo" => array:3 [
      "pages" => null
      "volume" => null
      "number" => null
    ]
    "type" => array:2 [
      "fr" => "Documents de travail"
      "en" => "Working Papers"
    ]
    "support_type" => array:2 [
      "fr" => "Editeur"
      "en" => "Publisher"
    ]
    "countries" => array:2 [
      "fr" => null
      "en" => null
    ]
    "abstract" => array:2 [
      "fr" => "Plusieurs études du marché du travail dans les économies en transition ont utilisé des modèles statiques ou quasi-dynamiques pour expliquer le comportement d'emploi des grandes entreprises. Celles-ci financent une partie significative des investissements par leurs profits. Ce texte analyse les conséquences de ce mécanisme pour les décisions économiques du syndicat et de l'entreprise en perspective intertemporelle. Les revendications salariales peuvent être modérées et l'emploi favorisé. Un tel mécanisme est toujours avantageux pour le syndicat. Quant à la firme, sa décision dépend du revenu alternatif des travailleurs."
      "en" => "Several studies of the labor market in transitional economies use static or quasi-dynamic trade union models to explain the employment behavior of large firms. One interesting feature of these firms is the massive financing of investment through retained earnings. This paper investigates the consequences of this mechanism on the economic decisions of the union and the firm in a two-period setting. Wage claims may be moderated and employment pushed up. While the union always supports the scheme, the attitude of the firm depends on the workers' alternative income."
    ]
    "authors_fields" => array:2 [
      "fr" => "Economie"
      "en" => "Economics"
    ]
    "indexedAt" => "2024-05-02T10:22:00.000Z"
    "docTitle" => "Investment through Retained Earnings and Employment in Transitional Economies"
    "docSurtitle" => "Working Papers"
    "authorNames" => "<a href="/cv/vranceanu-radu">VRANCEANU Radu</a>"
    "docDescription" => "<span class="document-property-authors">VRANCEANU Radu</span><br><span class="document-property-authors_fields">Economics</span> | <span class="document-property-year">1997</span>"
    "keywordList" => ""
    "docPreview" => "<b>Investment through Retained Earnings and Employment in Transitional Economies</b><br><span>1997-01 | Working Papers </span>"
    "docType" => "research"
    "publicationLink" => "<a href="#" target="_blank">Investment through Retained Earnings and Employment in Transitional Economies</a>"
  ]
  +lang: "en"
  +"_type": "_doc"
  +"_score": 8.566059
  +"parent": null
}