Keynes and Marx, Duncan and Me

This paper was originally prepared for the New School celebration of Duncan Foley’s career. It attempts to place his work in the context of the evolution of economics as a discipline and of the MIT Economics Department in the last forty years, and in particular the place of Marx and Keynes as catalytic thinkers in that process

Whither Industrial Relations: Does It Have a Future in Post-Industrial Society

This article addresses the difficulties that industrial relations is experiencing both as a set of practices and as an intellectual tradition. It traces those difficulties to the changes in the basic structures of industrial society that have undermined the framework which the field grew up around and presumed. But it also relates them to the salience of Keynesian and Marxian thought, which defined the intellectual context in which industrial relations as a field was embedded and the way in which the decline of these traditions has undermined industrial relations as well

Flexible Bureaucracies in Labor Market Regulation

URL is to book. Chapter listed in TOCThis paper compares and contrasts the U.S. and French systems of labor market regulation. The U.S. system is specialized: Regulating authority is dispersed among a host of different agencies each with a relatively narrow jurisdiction, and as a result with responsibility for a very limited domain. Authority is further divided between the federal and the state governments. The French system is a unified or general system: A single agency is responsible for the enforcement of the whole labor code. As a result, the French system is a street-level bureaucracy in which considerable power and authority rests with the line agents, the work inspectors themselves. The structure of the system (quite paradoxically in the light of the centralization generally attributed to the French state) gives the inspectors virtually complete autonomy in the geographic area to which they are assigned. As a result, and contrary to the contrast generally drawn between civil law and common law countries, at least in the literature of economics, the French system is considerably more flexible and able to adjust to variations in economic and social conditions across the territory but also over time than is the U.S. system. The contrast is of broader importance because the French system was adopted by Spain (and Italy) and from there spread to Latin America, where the issue of labor standards enforcement has become central to bilateral trade treaties with the United States. The paper goes on to discuss the various managerial issues posed by the two systems and the problems of reconciling their contrasting dynamics in a unified global trading regime

Globalization trends and regional development - dynamics of FDI and human capital flows

This is a post-peer-review, pre-copyedit version of an article published in [European Journal of Development Research]. The definitive publisher-authenticated version [European Journal of Development Research 26, 160-161 (January 2014)] is available online at: http://www.palgravejournals.com/ejdr/journal/v26/n1/full/ejdr201354a.htmlApparently rendered irrelevant by globalization, regions have been rediscovered as a force in economic and social development by both scholars and policymakers. Localized inter-personal ties and networks are seen as important resources (Woolcock and Narayan, 2000), and the local supply of entrepreneurs has emerged as a key determinant of future economic growth (Chatterji et al, 2013)

Solid State Physics

Contains reports on three research projects

Solid State Physics

Contains reports on five research projects

Historia empresarial e historia del trabajo: del aislamiento a la colaboración

Editada en la Fundación Empresa PúblicaPublicad

Leeway for the loyal: a model of employee discretion

This article examines the factors underlying task discretion from an economist's perspective. It argues that the key axis for understanding discretion is the trade-off between the positive effects of discretion on potential output per employee and the negative effects of greater leeway on work effort. In empirical analysis using matched employer-employee data, it is shown that discretion is strongly affected by the level of employee commitment. In addition, discretion is generally greater in high-skilled jobs, although not without exceptions, and lower where employees are under-skilled. Homeworking and flexitime policies raise employee discretion. The impact of teamworking is mixed. In about half of cases team members do not jointly decide about work matters, and the net effect of teams on task discretion in these cases is negative. In other cases, where team members do decide matters jointly, the impact is found to be neutral according to employees' perceptions, or positive according to managers' perceptions. There are also significant and substantial unobserved establishment-level factors which affect task discretion