| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP331 |
| DP331 Macroeconomic Implications of Insider Power | |
| Dennis Snower; Assar Lindbeck | |
| 发表日期 | 1989-07-01 |
| 出版年 | 1989 |
| 语种 | 英语 |
| 摘要 | The paper constructs a simple macroeconomic model that contains a labor market in which insiders have power in wage negotiations. Wage and employment decisions are assumed to be made before business conditions are known; thus these decisions depend on both the hiring costs and expected dismissal costs. The paper analyzes the short and long-term implications for the effectiveness of various government policies on production, employment, and pricing. Hysteresis is shown to be a special case in a continuum of symmetric long-term policy effects. A rationale for asymmetric policy effects is presented as well. |
| 主题 | International Macroeconomics |
| 关键词 | Collective bargaining Employment Government policy Hysteresis Negotiations Unions Wages |
| URL | https://cepr.org/publications/dp331 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/529483 |
| 推荐引用方式 GB/T 7714 | Dennis Snower,Assar Lindbeck. DP331 Macroeconomic Implications of Insider Power. 1989. |
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