G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Wage Independence in Symmetric Oligopolistic Industries
Emmanuel Petrakis; Amrita Dhillon
发表日期1997
出处Economy and Society
出版年1997
语种英语
摘要This paper provides sufficient conditions under which the negotiated wage in unionized oligopolistic industries with centralized negotiations is independent of a number of product market features (such as the number of firms, the degree of product substitutability, or the type of market competition). This wage independence property is shown to hold in a broad class of industry specifications widely-used in the literature, both when negotiations are conducted over wages alone (Right-to-Manage), and over wages and employment (Efficient Bargains). In particular, it holds for the Dixit-Stiglitz preference-for-diversity model, the symmetric linear demands-linear one factor (labor) technology model, and the constant elasticity demand and cost functions model. In these models the negotiated wage is independent of the bargaining institution, too. Unions are then better-off as the market becomes more competitive since aggregate employment increases.
特色分类L13,J31,J51
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/wage-independence-in-symmetric-oligopolistic-industries/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/116201
推荐引用方式
GB/T 7714
Emmanuel Petrakis,Amrita Dhillon. Wage Independence in Symmetric Oligopolistic Industries. 1997.
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NDL1997-002.pdf(237KB)智库出版物 限制开放CC BY-NC-SA浏览
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