labour market interdependencies and the consequences of trade liberalisation for union wages. The analysis suggests that … national wages are likely to be strategic complements (substitutes), if products are ordinary substitutes (complements). Under … the assumption of linear demand it is shown that bilateral trade liberalisation always leads to higher union set wages and …

The paper analyzes wages in the U.S. airline industry, focusing on the role of collective bargaining in a changing …, wages are likely to head upward as carriers' financial health returns. Such wage levels may or may not be sustainable in the …

implications derived from the analysis. Keynesian theory suggests that wage dispersion is a result of weaker trade union power, a …

In a framework of a unionised oligopoly, this paper reconsiders the impact of the bargaining structure on union wages … argument will be that negotiated wages rather depend on the technical relationship between different groups of labour and goods …

evaluation is also justified in a Cournot-oligopoly with free but costly entry. If input markets are competitive and output per … firm declines with the number of firms (business stealing), there is excessive entry into such oligopoly. If trade unions … raise wages above the competitive level, output and profits per firm decline, which could deter entry and thus improve …

We develop a product market theory that explains why firms invest in general training of their workers. We consider a …-specific training if others do the same, because they would otherwise suffer a competitive disadvantage or need to pay high wages in …

than under a cross-border merger outcome. -- Unionization ; International Oligopoly ; Endogenous Mergers ; Countervailing …