Balsvik, Ragnhild; Sæthre, Morten - Institutt for samfunnsøkonomi, Norges Handelshøyskole … - 2014
We present a bargaining model of wage and employment determination, where we show that foreign acquisitions might hurt the bargaining outcome of powerful unions by giving the fi rm a credible threat to move production abroad. Using detailed data on fi rms and workers in manufacturing, including...