| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP1544 |
| DP1544 Endogenous Mergers in Concentrated Markets | |
| Henrik Horn; Lars Persson | |
| 发表日期 | 1996-12-20 |
| 出版年 | 1996 |
| 语种 | 英语 |
| 摘要 | This paper provides strategic foundations for the insight that the bargaining power of employees depends on the firm?s labour turnover costs. The analysis shows how these costs determine the firm?s degree of substitutability between two sets of wage negotiations: (i) those the firm conducts with its incumbent employees; and (ii) the alternative negotiations it could conduct with new job seekers. In this context, labour turnover costs not only influence the negotiators? alternatives to bargaining (i.e. the negotiators? fall-back positions and outside options); they affect the nature of the bargaining process itself. This approach leads to a new theory of wage determination. |
| 关键词 | Bargaining Insider-outsider Labour turnover costs Outside option |
| URL | https://cepr.org/publications/dp1544 |
| 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/530680 |
| 推荐引用方式 GB/T 7714 | Henrik Horn,Lars Persson. DP1544 Endogenous Mergers in Concentrated Markets. 1996. |
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