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This paper indicates that the extent of collective bargaining coverage in an industry may depend on the differences in firms productivity levels within the industry. Less pronounced differences in productivity levels make it easier to design collective wage contracts that are accepted by a wider...
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werden und seltener im Ausland investieren als bei dezentralen Verhandlungen. Im empirischen Teil werden Daten des … negotiations model shows that high productive firms benefit from centralized bargaining and invest therefore less abroad than under …
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