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Several authors have proposed staggered wage bargaining as a way to introduce sticky wages into search and matching … a series of estimated shocks from US data into a search and matching model with sticky prices and wages. I compare the … cycle volatility and matching the lack of a long-run relationship between vacancy creation and inflation. With regard to …
Persistent link: https://www.econbiz.de/10008905754
Authors who consider efficient bargaining on the labor market predominantly focus on the Nash-bargaining solution. It seems, however, that actual labor market negotiations between an employers federation and a labor union are often characterized by mutual concessions, which may be accounted for...
Persistent link: https://www.econbiz.de/10011507894
This paper contributes to the analysis of central vs. decentral (firm-level) labour market negotiations. We argue that during negotiations on a central scale employers and employees plausibly take output market effects into account, while they behave competitively during firm-level negotiations....
Persistent link: https://www.econbiz.de/10013072513
This paper contributes to the analysis of central vs. decentral (firm-level) labour market negotiations. We argue that during negotiations on a central scale employers and employees plausibly take output market effects into account, while they behave competitively during firm-level negotiations....
Persistent link: https://www.econbiz.de/10010210111
Authors who consider efficient bargaining on the labor market predominantly focus on the Nash-bargaining solution. It seems, however, that actual labor market negotiations between an employers' federation and a labor union are often characterized by mutual concessions, which may be accounted for...
Persistent link: https://www.econbiz.de/10013319921
Persistent link: https://www.econbiz.de/10012027152
Authors who consider efficient bargaining on the labor market predominantly focus on the Nash-bargaining solution. It seems, however, that actual labor market negotiations between an employers' federation and a labor union are often characterized by mutual concessions, which may be accounted for...
Persistent link: https://www.econbiz.de/10001755510
model with search-and-matching frictions, collective bargaining and monopolistic competition in the product market. Workers …
Persistent link: https://www.econbiz.de/10003727509
Persistent link: https://www.econbiz.de/10001768635
growth and labor's share is puzzling. I argue otherwise. A search and matching model with infrequently bargained nominal … Nash bargaining ; inflation ; productivity ; search and matching ; labor share …
Persistent link: https://www.econbiz.de/10009299014