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), there will be excessive entry into a Cournot oligopoly for a homogeneous commodity. However, input markets are often … imperfectly competitive and the price of labor is determined by collective bargaining. The resulting rise in wages reduces output …
Persistent link: https://www.econbiz.de/10011458468
labour market interdependencies and the consequences of trade liberalisation for union wages. The analysis suggests that … national wages are likely to be strategic complements (substitutes), if products are ordinary substitutes (complements). Under … the assumption of linear demand it is shown that bilateral trade liberalisation always leads to higher union set wages and …
Persistent link: https://www.econbiz.de/10011540620
environment strengthens the bargaining position of the union in the centralized regime compared with unions operating in a more …
Persistent link: https://www.econbiz.de/10013317845
firms' investment in capital depends on the structure and coordination of bargaining, the preference of unions between wages … extensive, especially in non-Anglo-Saxon countries. Strong unions may influence firms' incentives to invest in capital …, particularly in sectors where capital investments are sunk (irreversible), as in research-intensive sectors. Whether unions affect …
Persistent link: https://www.econbiz.de/10011433667
We show the effects of the bargaining power of labour unions on product innovation under decentralised and centralised …
Persistent link: https://www.econbiz.de/10010413720
We extend the standard quality-ladder model with heterogeneous workers by including efficiency wages and unions. We …
Persistent link: https://www.econbiz.de/10010457726
unions can be desirable for income redistribution. Unions bargain with firms over wages in each sector and firms unilaterally …This paper extends the Diamond (1980) model with labor unions to study optimal income taxation and to analyze whether … determine employment. Unions raise the efficiency costs of income redistribution, because unemployment benefits and income taxes …
Persistent link: https://www.econbiz.de/10011888710
unions can be desirable for income redistribution. Unions bargain with firms over wages in each sector and firms unilaterally …This paper extends the Diamond (1980) model with labor unions to study optimal income taxation and to analyze whether … determine employment. Unions raise the efficiency costs of income redistribution, because unemployment benefits and income taxes …
Persistent link: https://www.econbiz.de/10011895596
. Consequences of how the unions value members and members' status (employed or unemployed) in their collective maximand …
Persistent link: https://www.econbiz.de/10011512978
works councils has a positive effect on wages within the uncovered industrial relations regime but not to the same degree …
Persistent link: https://www.econbiz.de/10011402748