G2TT
来源类型Discussion paper
规范类型论文
来源IDDP3009
DP3009 Wage Rigidities in Western Germany: Microeconometric Evidence from the 1990s
Patrick Puhani
发表日期2001-10-23
出版年2001
语种英语
摘要A trade union whose purpose is to raise wages above the competitive level may foster economic growth if it succeeds in shifting income away from the owners of capital to the workers and if the workers' marginal propensity to save exceeds that of capitalists. We make this point in an overlapping generations framework with unionized labour. Considering a monopoly union that cares for wages and employment, we determine a range of trade union objectives and characterize the aggregate technology so that the union's policy spurs per capita income growth and increases the welfare of all generations that adhere to the union.
主题Labour Economics
关键词Trade union Overlapping generations Factor shares Endogenous technical change Employment
URLhttps://cepr.org/publications/dp3009
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/532039
推荐引用方式
GB/T 7714
Patrick Puhani. DP3009 Wage Rigidities in Western Germany: Microeconometric Evidence from the 1990s. 2001.
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