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Holdup in oligopsonistic labour markets : a new role for the minimum wage
Kaas, Leo (contributor); Madden, Paul (contributor) - 2006
competitors. Because workers participate in the returns on investment while only firms bear the costs, investment is inefficiently … low. A binding minimum wage can achieve the first--best level of investment, both in the short run for a given number of … firms and in the long run when the number of firms is endogenous. -- holdup ; investment ; minimum wage …
Persistent link: https://www.econbiz.de/10003301661
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Oligopsony and the distribution of wages
Bhaskar, V.; To, Ted - In: European economic review : EER 47 (2003) 2, pp. 369-394
Persistent link: https://www.econbiz.de/10001815750
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Employment, fiscal policy, and oligopsonistic labour market
Tamai, Toshiki - In: Australian journal of labour economics : a journal of … 12 (2009) 3, pp. 321-337
Persistent link: https://www.econbiz.de/10003948197
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Refusal to deal and investment in product quality
Martin, Stephen - 2013
Persistent link: https://www.econbiz.de/10010188463
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Refusal to deal and investment in product quality
Martin, Stephen - 2015
Persistent link: https://www.econbiz.de/10011691350
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The effects of entry when monopolistic competition and oligopoly coexist
Fujiwara, Kenji - In: The B.E. journal of theoretical economics 20 (2020) 2, pp. 1-11
Persistent link: https://www.econbiz.de/10012306536
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Relations among the regional price index, market structures, and capital parameters of the region
Kraft, Jiří - In: Trends economics and management 12 (2018) 31, pp. 31-43
Purpose of the article: This paper focuses attention on regional price indices (RPI) that reach across regions, respectively Czech regions, and different levels. Methodology/methods: The article mainly analyses the relation between the RPI and the particular form of market structures at the...
Persistent link: https://www.econbiz.de/10012021990
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Chapter 24. Market Structure in Multisector General Equilibrium Models of Open Economies
Francois, Joseph; Manchin, Miriam; Martin, Will - In: Handbook of computable general equilibrium modeling : …, (pp. 1571-1600). 2013
) models, including both oligopoly and monopolistic competition. We emphasize open economy models and applications to …
Persistent link: https://www.econbiz.de/10014025267
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How trade dampens the impact of financial frictions in the presence of large firms
Vavoura, Chara - In: Economies : open access journal 10 (2022) 11, pp. 1-18
In this paper we aim, first, to examine how an economy's financial development affects the welfare gains from trade and, second, to uncover how large firms threaten to suppress these gains, through the exertion of market power and their confirmed preferential access to liquidity. To this...
Persistent link: https://www.econbiz.de/10013499545
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Firm heterogeneity in competition among the big and the small
Fujiwara, Kenji - In: Bulletin of economic research 76 (2024) 1, pp. 147-166
Persistent link: https://www.econbiz.de/10014482882