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This paper offers a cartel explanation for the stability of German collective bargaining institutions.We show that a dense net of legal safeguards has been yarned around the wage setting cartel. These measures make deviation by cartel insiders less attractive and simultaneously erect entry...
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system of collective bargaining between a single industry union and the industry's employers association. Our cartel analysis … establishment of a fully tariff-enabled union. Such an endeavor must go hand in hand with the institutionalization of a competition …
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