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This paper analyzes the implications of bilateral bargaining over wages and employment between a producer and a union representing a finite number of identical workers in a monetary macroeconomic model of the AS AD type with government activity. Wages and aggregate employment levels are set...
Persistent link: https://www.econbiz.de/10010340560
This paper indicates that the extent of collective bargaining coverage in an industry may depend on the differences in firms productivity levels within the industry. Less pronounced differences in productivity levels make it easier to design collective wage contracts that are accepted by a wider...
Persistent link: https://www.econbiz.de/10010341121
We study sequential bargaining between two unions and a single firm. Parties bargain bilaterally and efficiently (over wage and employment). The unions' workforces can be substitutable ("tariff competition") or complementary ("tariff plurality" or "craft unionism"). If unions are substitutable,...
Persistent link: https://www.econbiz.de/10010482498