bargaining power of the trade union and it has effort-enhancing and wage-moderating effects. We show that higher profit sharing … high benefit-replacement ratios and relative bargaining powers of trade unions. Conversely, profit sharing seems to be …

capital structure when firms face stochastic revenue shocks. We apply a generalized Nash bargaining solution which extends the … wage bargaining literature by incorporating effciency wage considerations, profit-sharing and capital structure. The profit …

capital structure when firms face stochastic revenue shocks. We apply a generalized Nash bargaining solution, which extends … the wage bargaining literature by incorporating efficiency wage considerations, profit-sharing and capital structure. The …

bargaining power of the trade union and it has effort-enhancing and wage-moderating effects. We show that higher profit sharing … high benefit-replacement ratios and relative bargaining powers of trade unions. Conversely, profit sharing seems to be …

. -- heterogeneous domestic labor markets ; wage bargaining ; impacts of labor taxation ; outsourcing …

wages and profit shares are determined through collective bargaining.The negotiated profit share depends positively on the … relative bargaining power of the trade union and has effort-enhancing and wage-moderating effects.We show that higher profit … sufficiently high benefit- replacement ratios and relative bargaining powers of trade unions.Conversely, profit sharing seems to be …