G2TT
来源类型Discussion paper
规范类型论文
来源IDDP855
DP855 Retirement of Spouses and Social Security Reform
Rudolf Winter-Ebmer; Josef Falkinger; Josef Zweimüller
发表日期1994-01-31
出版年1994
语种英语
摘要This paper presents a simple search and bargaining economy in which firms use concave production. Because a firm and worker negotiate over the worker's marginal productivity, the firm's wage is a function of its labour force. Reacting to this wage function, firms choose an excessively large and inefficient number of workers. They overemploy, but because too few firms exist in equilibrium, aggregate employment and vacancies are suboptimal. Imposing a fixed exogenous wage, for example by legislating a minimum wage or through union contracting, reduces this inefficiency.
关键词Bargaining Firm size Minimum wages Search Unions
URLhttps://cepr.org/publications/dp855
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/530018
推荐引用方式
GB/T 7714
Rudolf Winter-Ebmer,Josef Falkinger,Josef Zweimüller. DP855 Retirement of Spouses and Social Security Reform. 1994.
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