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Equilibrium wage and employment dynamics in a model of wage posting without commitment
Coles, Melvyn Glyn; Mortensen, Dale - 2011
A rich but tractable variant of the Burdett-Mortensen model of wage setting behavior is formulated and a dynamic market equilibrium solution to the model is defined and characterized. In the model, firms cannot commit to wage contracts. Instead, the Markov perfect equilibrium to the wage setting...
Persistent link: https://www.econbiz.de/10009312108
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Income distribution, productivity growth, and workers' bargaining power in an agent-based macroeconomic model
Rolim, Lilian; Baltar, Carolina Troncoso; Lima, … - In: Journal of evolutionary economics 33 (2023) 2, pp. 473-516
Persistent link: https://www.econbiz.de/10014330267
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The role of (de-)centralized wage setting for industry dynamics and economic growth : an agent-based analysis with the Eurace Unibi model
Dawid, Herbert; Harting, Philipp; Neugart, Michael - In: Dynamic analysis in complex economic environments : …, (pp. 205-230). 2021
In this paper, we employ the agent-based macroeconomic Eurace@Unibi model to study the economic implications of different degrees of de-centralization in the wage setting. We think of de-centralization as wages being a weighted average of an economy-wide "union wage" and a firm-specific...
Persistent link: https://www.econbiz.de/10012429661
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Income distribution, productivity growth and workers’s bargaining power in an agent-based macroeconomic model
Rolim, Lilian; Baltar, Carolina Troncoso; Lima, … - 2021
Persistent link: https://www.econbiz.de/10013204203
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Job duration and inequality
Chen, Siyan; Desiderio, Saul - 2020
As suggested by recent empirical evidence, one of the causes behind the widespread rise of inequality experienced by OECD countries in the last few decades may have been the increased flexibility of labor markets. The authors explore this hypothesis through the analysis of a stock-flow...
Persistent link: https://www.econbiz.de/10012169811
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Optimal tax progressivity in unionised labour markets : simulation results for Germany
Boeters, Stefan - 2010
Changing the income tax progressivity in labour markets with collective wage bargaining generates a trade-off. On the … bargaining and involuntary unemployment. In the simulations carried out using this model, the optimal degree of tax progressivity … ; tax progressivity ; optimal taxation ; collective wage bargaining ; unemployment ; microsimulation ; computable general …
Persistent link: https://www.econbiz.de/10003969884
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Optimal Tax Progressivity in Unionised Labour Markets : Simulation Results for Germany
Boeters, Stefan - 2010
Changing the income tax progressivity in labour markets with collective wage bargaining generates a trade-off. On the … bargaining and involuntary unemployment. In the simulations carried out using this model, the optimal degree of tax progressivity …
Persistent link: https://www.econbiz.de/10013142210
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Business fluctuations, job flows and trade unions : dynamics in the economy
Schirwitz, Beate - 2013
This study was prepared by Beate Schirwitz while she was working at the Ifo Institute’s Dresden Branch. It was completed in February 2012 and accepted as a doctoral thesis by the Faculty of Law, Management, and Economics at the Johannes Gutenberg University Mainz in July 2012. It focuses on a...
Persistent link: https://www.econbiz.de/10011697527
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Wage bargaining in an optimal control framework : a dynamic version of the right-to-manage model
Guerrazzi, Marco (contributor) - 2007
This paper aims to represent wage bargaining as an optimal control problem. Specifically, by assuming that employment … implied by wage bargaining. -- Wage Bargaining ; Optimal Control Theory ; Right-to-Manage Model ; Numerical Solutions …
Persistent link: https://www.econbiz.de/10003486199
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Union membership and employment dynamics : a note
Dittrich, Marcus; Schirwitz, Beate - 2010
; bargaining centralization …
Persistent link: https://www.econbiz.de/10008697166