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managerial pay. Kaleckian monopoly power determines the functional distribution of income and Goodwin labor bargaining power …Dieser Artikel entwickelt ein neo-kaleckianisches-Goodwin-Wachstums- und Verteilungsmodell. Das Modell hilft das …This paper presents a neo-Kaleckian-Goodwin model of growth and distribution. The key innovation is the introduction of …
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This volume challenges the view that unemployment is exclusively determined by structural characteristics of the labour …
Persistent link: https://www.econbiz.de/10014484718
of firms, implying a reduction of the unions' expected bargaining power. Moreover, union heterogeneity constitutes an (un)employment … liberalization will increase (decrease) unemployment. …
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bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than set … increases utility. It is assumed that each variety is owned by a monopoly. Workers can specialize in material goods production … knowledge sector is bounded, as productivity increases, the economy moves from a "Solovian zone" where wages increase with …
Persistent link: https://www.econbiz.de/10011401020
unemployment rate. In line with theory, we find that firms possess more monopsony power during economic downturns, which shows to …This paper investigates the behaviour of employers' monopsony power and workers' wages over the business cycle. Using … workers' entry wages are of similar magnitude as those predicted under monopsonistic wage setting, suggesting that monopsony …
Persistent link: https://www.econbiz.de/10010225884
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unemployment rate. In line with theory, we find that firms possess more monopsony power during economic downturns, which shows to …This paper investigates the behaviour of employers' monopsony power and workers' wages over the business cycle. Using … workers' entry wages are of similar magnitude as those predicted under monopsonistic wage setting, suggesting that monopsony …
Persistent link: https://www.econbiz.de/10010222161
unemployment rate. In line with theory, we find that firms possess more monopsony power during economic downturns, which shows to …This paper investigates the behaviour of employers' monopsony power and workers' wages over the business cycle. Using … workers' entry wages are of similar magnitude as those predicted under monopsonistic wage setting, suggesting that monopsony …
Persistent link: https://www.econbiz.de/10010485288
Persistent link: https://www.econbiz.de/10000039961