Showing 1 - 10 of 152
In many countries wages are set in two stages, where industry-level collective bargaining is followed by firm … covering virtually all workers, firms and collective bargaining agreements of the Portuguese private sector for the period 1991-2000 …
Persistent link: https://www.econbiz.de/10013158895
increases competition between the contestants, leading to higher total contest effort, unless the ex-post bargaining strength of …
Persistent link: https://www.econbiz.de/10010261411
We study the impact of regulatory regimes on generic competition and pharmaceutical pricing using a unique policy experiment in Norway, where reference pricing (RP) replaced price cap regulation in 2003 for a sub-sample of off-patent products. We exploit a detailed panel dataset at product level...
Persistent link: https://www.econbiz.de/10005827125
In this paper we study the e¤ect of reference pricing on pharmaceutical prices and expenditures when generic entry is endogenously determined. We develop a Salop-type model where a brand-name producer competes with generic producers in terms of prices. In the market there are two types of...
Persistent link: https://www.econbiz.de/10011261212
In this paper we study the effect of reference pricing on pharmaceutical prices and expenditures when generic entry is endogenously determined. We develop a Salop-type model where a brand-name producer competes with generic producers in terms of prices. In the market there are two types of...
Persistent link: https://www.econbiz.de/10011203036
We examine the impact of privatisation on wage formation in unionised labour markets. Using longitudinal worker … with a theoretical model in which actual paid wages are determined via sector-wide collective bargaining and firm …
Persistent link: https://www.econbiz.de/10008855502
In many markets, such as education, health care and public utilities, firms are often profit-constrained either due to …
Persistent link: https://www.econbiz.de/10008865972
Many policy makers seem to prefer domestic alternatives to cross-broder mergers. Can such sentiments make sense? We contruct a model where cross-border mergers drive down union-set wages, where domestic mergers have larger non-labour cost synergies than international ones, and where policy...
Persistent link: https://www.econbiz.de/10008876368
independent input suppliers bargaining with both downstream firms. We find that the presence of input suppliers changes the … locational incentives of downstream firms in several ways, compared with the case of exogenous production costs. Bargaining … firms. In the case of asymmetrical bargaining strengths, the downstream firm facing the stronger input supplier has a …
Persistent link: https://www.econbiz.de/10008914348
We analyse how the presence of trade unions affects the pattern of mergers in an international oligopoly and the welfare implications thereof. We find that an international merger results in lower wages for all firms. A national merger results in higher wages, highest for the non-merging firms....
Persistent link: https://www.econbiz.de/10008914355