Braun, Sebastian - Sonderforschungsbereich 649: Ökonomisches Risiko, … - 2009
This paper studies how different unionisation structures affect firm productivity, firm performance, and consumer … welfare in a monopolistic competition model with heterogeneous firms and free entry. While centralised bargaining induces … tougher selection among hetero- geneous producers and thus increases average productivity, firm-level bargaining allows less …