Short-term contracts and exogenous productivity growth are introduced in asimple wage bargaining model. The equilibrium … credible, but neverwhen strike is not credible. In the limit as time between bargaining roundsvanishes only the first paradox …

For a two-period screening model of strikes it is shown that joint bargaining instead of enterprise negotiations lowers …

This paper analyzes the implications of right-to-manage wage bargaining between a producers' syndicate and a workers … activity. At given prices and price expectations, nominal wages are set according to a Nash bargaining agreement. Producers …, including a variety of different qualitative features compared to the situation under efficient bargaining. These differences …

This paper analyzes the implications of bilateral bargaining over wages and employment between a producer and a union …. Wages and aggregate employment levels are set according to an efficient (Nash) bargaining agreement while the commodity … the total production surplus, efficient bargaining implies no efficiency loss in production. However, due to the price …

We study bilateral bargaining problems with interested third parties, the stakeholders that enjoy benefits upon a … enters bargaining directly. Our results lend support to the tendency towards decentralisation of pay bargaining in the public …

The labor economics literature has shown that the "efficient bargaining" model, in which wage and employment are … negotiated simultaneously, is less frequently used on unionized markets than the less efficient "right-to-manage" model, in which … wage is determined via bargaining and employment determined subsequently and unilaterally by the firm. This paper reports …

This paper examines the behavior of dual jobholders to test a simple model of wage bargaining and wage posting. We … bargaining versus wage posting in the labor market. We interpret the evidence within a model where workers facing hours … aggregate, wage bargaining appears to be a limited determinant of wage setting. The estimated wage response to improved outside …

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 …

We analyse the two-dimensional Nash bargaining solution (NBS) deploying a standard labour market negotiations model … (McDonald and Solow, 1981). We show that the two-dimensional bargaining problem can be decomposed into two one … implications for actual negotiations, as it allows for the decomposition of a multi-dimensional bargaining problem into simpler …

We study bilateral bargaining problems with interested third parties, the stakeholders that enjoy benefits upon a … enters bargaining directly. Our results lend support to the tendency towards decentralization of pay bargaining in the public …