negotiations take place. We show that, in the absence of any distortion, sector-level bargaining ought to be less efficient than … bargaining taking place at the other levels. It follows that the introduction of labor market policies as a combination of … level at which bargaining takes place and the labor market performance is far more conditional than most studies acknowledge. …

endogenous outside option for a bargaining agent. Behavioral agents are commitment types that demand a constant portion of the …, there is one-sided reputation building in bargaining, and commitment types on the short side determine the terms of trade …. In a balanced market where the entering flows are equal, there is twosided reputation building in bargaining, and …

welfare gains but gives rise to large wage differentials. -- Job search ; wage bargaining ; wage differentials ; unemployment …

welfare gains but gives rise to large wage differentials. -- job search ; wage bargaining ; wage differentials ; unemployment …

We analyze the welfare and employment effects of different wage bargaining regimes. Within the large firm search model …, we show that collective bargaining affects employment via two channels. Collective bargaining exerts opposing effects on … bargaining. But it is not always true that equilibrium wages exceed those under individual bargaining. If unemployment benefits …

the model is that it can accommodate shocks to the skill composition in the market, employee bargaining power and … productivity. Further, when our model is subjected to skill-upgrading and changes in employee bargaining power, it is capable of … inequality. -- Income inequality ; two-sector search model ; bargaining power ; skill-biased technological change …

welfare gains but gives rise to large wage differentials. -- Job search ; wage bargaining ; wage differentials ; unemployment …