the total production surplus, efficient bargaining implies no efficiency loss in production. Depending on the level of ….\,e.\ bargaining power and production efficiency do not lead to temporary optimality. The dynamic evolution of money balances, prices …This paper analyzes the implications of bilateral bargaining over wages and employment between a producer and a union …

bargaining in Germany. Based on a simple bargaining model we derive our main hypothesis: In establishments covered by collective … bargaining agreements works councils are more likely to be engaged in productivity enhancing activities and less engaged in rent …