University of Cagliari, Italy, and IZA, Germany
IZA World of Labor role
Author
Current position
Associate Professor of Economics, University of Cagliari, Italy
Research interest
Labor economics
Past positions
Assistant Professor of Economics, University of Cagliari, Italy
Qualifications
PhD Economics, University of Essex, 2007
Selected publications
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"Employment protection and firm-provided training in dual labour markets." Labour Economics 69 (2021) (with M. Bratti and M. Conti).
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"A model of unions, two-tier bargaining and capital investment." Labour Economics 67 (2020) (with G. Cardullo and M. Conti).
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"Firm dynamics and employment protection: Evidence from sectoral data." Labour Economics 48 (2017): 35–53 (with A. Bottasso and M. Conti).
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"Sunk capital, unions and the hold-up problem: Theory and evidence from cross-country sectoral data." European Economic Review 76 (2015): 253–274 (with G. Cardullo and M. Conti).
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“Gender wage differentials in Italy: A structural estimation approach.” Journal of Population Economics 25:1 (2012): 53–87.
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Unions and investment in intangible capital Updated
When workers and firms cannot commit to long-term contracts and capital investments are sunk, union power can reduce investment
Gabriele CardulloGiovanni Sulis, May 2023Although coverage of collective bargaining agreements has been declining for decades in most countries, it is still extensive, especially in non-Anglo-Saxon countries. Strong unions may influence firms' incentives to invest in capital, particularly in sectors where capital investments are sunk (irreversible), as in research-intensive sectors. Whether unions affect firms' investment in capital depends on the structure and coordination of bargaining, the preference of unions between wages and employment, the quality of labor-management relations, the structure of corporate governance, and the existence of social pacts, among other factors.MoreLess