; workers cannot, for example, elect to suppress their criminal records and firms cannot opt out of collective bargaining. I …

We characterize the equilibrium of a search model with a continuum of job and worker types, wage bargaining, free entry …' bargaining power resolves this inefficiency. Unemployment benefits are a second best alternative to this policy. We establish …

power tend to pay higher wages. In particular, we found that the threat of dismissal acts to weaken insiders' bargaining …

-related pay and union bargaining, where union power reduces the impact of performance pay on wage dispersion. The empirical … bargaining …

Nash wage bargaining and flexible outsourcing. A revenue-neutral increase in the wage tax progression will decrease the … sufficiently weak labor market imperfections. -- Flexible outsourcing ; wage bargaining ; employment ; tax-revenue neutral labor …

We consider a model with frictional unemployment and staggered wage bargaining where hours worked are negotiated every … period. The workers' bargaining power in the hours negotiation affects both unemployment volatility and inflation persistence …) the lower the effective workers' bargaining power for wages and (iii) the more important the hourly wage in the marginal …

inflation (sunspot shocks) affecting nominal wage bargaining. Since the estimated parameters fall near the locus of Hopf … bargaining …