gains, savings and investment, is described by a two-dimensional dynamical system in the employment rate and output …, a constant rate of employment of labor, and constant input shares. The type of oscillations predicted by the model is … growth of output per worker but a negative effect on employment. Economic policy can also affect the growth and distribution …

In a simple one-sector, two-class, fixed-proportions economy, wages are set through axiomatic bargaining a`la Nash … economic agents is described by a two-dimensional dynamical system in the employment rate and output/capital ratio. The economy … employment of labor, and constant input shares. The type of oscillations predicted by the model matches the available data on the …

In a simple one-sector, two-class, fixed-proportions economy, wages are set through axiomatic bargaining a`la Nash … economic agents is described by a two-dimensional dynamical system in the employment rate and output/capital ratio. The economy … employment of labor, and constant input shares. The type of oscillations predicted by the model matches the available data on the …

In a simple one-sector, two-class, fixed-proportions economy, wages are set through axiomatic bargaining a`la Nash … economic agents is described by a two-dimensional dynamical system in the employment rate and output/capital ratio. The economy … employment of labor, and constant input shares. The type of oscillations predicted by the model matches the available data on the …

In a simple one-sector, two-class, fixed-proportions economy, wages are set through axiomatic bargaining a la Nash … by economic agents is described by a two-dimensional dynamical system in the employment rate and output/capital ratio … constant rate of employment of labor, and constant input shares. The type of oscillations predicted by the model matches the …

’ bargaining power, has a positive effect on the rate of output growth but a negative effect on employment. … generalized axiomatic bargaining à laNash (1950). As for choice of technology, firms choose the direction of factor …-interested decisions made by economic agents is described by a two-dimensional dynamical system in the employment rate and output …

union which cares for wages and employment, we determine a range of trade union objectives and characterize the aggregate …