Bokan, Nikola; Hallett, Andrew Hughes - Centre for Dynamic Macroeconomic Analysis, University … - 2006
and sequencing of
reforms.
JEL Classification: E420, E430, E500.
Keywords: Structural Reform, Wage Bargains, Short ….
Meanwhile each �rm bargains with Lm workers over wage and employment
in that industry, in both the short and long run … bargains with the �rm over wages and the level
of employment. Indivisibility of labour implies that workers can either be …