haku: @indexterm COMPETITION / yhteensä: 3278
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| Tekijä: | Munch, J.R. Skaksen, J.R. |
| Otsikko: | Product market integration and wages in unionized countries |
| Lehti: | Scandinavian Journal of Economics
2002 : JUN, VOL. 104:2, p. 289-299 |
| Asiasana: | Trade unions Industrial relations Pay Markets Competition Economic theory Models |
| Vapaa asiasana: | Wage rates |
| Kieli: | eng |
| Tiivistelmä: | The paper addresses the effects of product market integration on wages. A two-country general equilibrium model is developed of international trade with imperfectly competitive product markets and unionized labour markets. Integration is modeled as either a fall in fixed or variable trade costs. A reduction in fixed trade costs leads to an unambiguous decrease in wages, whereas a reduction in variable trade costs has an ambiguous effect on wages. |
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