Goerke, Laszlo (contributor); Pannenberg, Markus (contributor) - 2007
utility. We show for a wage bargaining model that a stronger earnings relationship of unemployment benefits may reduce wages …. We show for a wage bargaining model that a stronger earnings
relationship of unemployment benefits may reduce wages and …
outcomes in a unionised economy (Section 2). We show in particular that a higher earnings
relationship will reduce wages if …