We quantify the effects of wage bargaining shocks on macroeconomic aggregates using a structural vector auto-regression model for Germany. We identify exogenous variation in bargaining power from episodes of minimum wage introduction and industrial disputes. This narrative information...

1. Grievance arbitration in the United States; an analysis of its functions and effects, by J. Stieber.--2. Compulsory arbitration in Britain: the work of the Industrial Disputes Tribunal, by W. E. J. McCarthy.--3. Check-off agreements in Britain: a study of their growth and functions, by A. I....

Short-term contracts and exogenous productivity growth are introduced in asimple wage bargaining model. The equilibrium utilities corresponding tomilitant union behaviour are independent of the contract length. The wagedynamics are linear if strike is credible (low wage shares) and...