Corredera, Campo; Luz, María; Ruiz, Bárcena; Carlos, Juan - Departamento de Economía Aplicada III (Econometría y … - 1999
[EN] This paper analyzes the timing of wage bargaining in a unionized market, assuming that workers are organized in independent unions. In equilibrium, when unions decide the timing of the negotiations, we obtain a staggered wage setting. When firms decide the timing of the negotiations, we...