de la Croix, D. - Institut de Recherche Économique et Sociale (IRES), … - 1990
This paper analyses the role played by a social security system in union-firm bargaining and in the resulting wage …-productivity spiral. In a first step, we derive the incidence of social security on the bargaining process itself. In a second step, the … macromodel is extended to include the budget constraint of the social security system. Both the distributive effect of wage …