We develop a DSGE model with firm-specific labor where firm-level wage bargaining and price setting are subject to …

This paper studies infinite-horizon bargaining between a seller and multiple buyers when externalities are present. We …

We analyze a bargaining model where there is a long-term relationship between a seller and a buyer and there is … bargaining over a sequence of surpluses that arrives at fixed points in time. Markov Perfect Equilibria are analyzed and …

and competitiveness? To answer these questions, we formulate a theoretical model of wage bargaining in an open economy and …

We analyze a bargaining model where there is a long-term relationship between a seller and a buyer and there is … bargaining over a sequence of surpluses that arrives at fixed points in time. Markov Perfect Equilibria are analyzed and …

real wages and competitiveness? To answer these questions, we formulate a theoretical model of wage bargaining in an open …

We analyze a bargaining model where there is a long-term relationship between a seller and a buyer and there is … bargaining over a sequence of surpluses that arrives at fixed points in time. Markov Perfect Equilibria are analyzed and …

In this paper, we outline a baseline DSGE model which enables a straightforward analysis of wage bargaining between …, and the consequences for welfare outcomes. Specifically, we focus on the relative bargaining power of unions. We find that … bargaining power, but that this effect can be neutralized by optimal discretionary policy. …

In bargaining between two sellers and one buyer on prices and quantities, strategic inefficiencies arise. By … the relative bargaining power of the sellers. …

The purpose of this paper is to analyze bargaining between a firm and a finite set of workers. In particular employment … selected workers then decide whether they want to proceed in bargaining with the firm. Finally, bargaining takes place. In …