| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP2726 |
| DP2726 Inflation Targeting in a Small Open Economy | |
| Alan Sutherland | |
| 发表日期 | 2001-03-27 |
| 出版年 | 2001 |
| 语种 | 英语 |
| 摘要 | We examine how a merger affects wages of unionized labour and, in turn, the profitability of a merger under Cournot competition in differentiated products. If unions are plant-specific, we find that a merger is more profitable than in a corresponding model with exogenous wages. In contrast to the received literature, we find that it can be more profitable to take part in a merger than to be an outsider. For firm-specific unions, on the other hand, results are reversed. |
| 主题 | Industrial Organization |
| 关键词 | Merger profitability Trade unions Endogenous wages |
| URL | https://cepr.org/publications/dp2726 |
| 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/531782 |
| 推荐引用方式 GB/T 7714 | Alan Sutherland. DP2726 Inflation Targeting in a Small Open Economy. 2001. |
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