We introduce collective bargaining in a static framework where the firm and its risk-neutralemployees negotiate over … wage-employment contract andthe equilibrium contract under binding risk-neutral efficient bargaining. We also …

This paper presents an alternative implementation of firm-level collective wage bargaining, where bargaining proceeds … equilibrium is equivalent to the efficient bargaining outcome. In a dynamic framework with search frictions, we demonstrate that … gradual collective wage bargaining coincides with all-or-nothing bargaining when bargaining takes place in fictitious time …

manufacturing sectors to simultaneously estimate mark-up and workers’ bargaining power parameters according to sector, firm size and … period. We find a significant drop in both the mark-up and the workers’ bargaining power in the mid-nineties. In the second … significantly contributed to the decrease in both mark-ups and workers’ bargaining power. …

This paper presents an alternative implementation of firm-level collective wage bargaining, where bargaining proceeds … equilibrium is equivalent to the efficient bargaining outcome. In a dynamic framework with search frictions, we demonstrate that … gradual collective wage bargaining coincides with all-or-nothing bargaining when bargaining takes place in fictitious time …