haku: @author Gottfries, N. / yhteensä: 7
viite: 3 / 7
| Tekijä: | Gottfries, N. Sjöström, T. |
| Otsikko: | Insider bargaining power, starting wages and involuntary unemployment |
| Lehti: | Scandinavian Journal of Economics
2000 : VOL. 102:4, p. 669-688 |
| Asiasana: | BARGAINING INSIDER-OUTSIDER MODELS UNEMPLOYMENT PAY |
| Kieli: | eng |
| Tiivistelmä: | Recent studies of wage bargaining and unemployment have emphasized the distinction between insiders and outsiders, and that unions act in the interest of insiders. Yet it is typically assumed that insiders and recently hired outsiders are paid the same wage. The authors consider a model where the starting wage may differ from the insider wage, but incentive constraints associated with turnover affect the form of the contract. The authors examine under what conditions the starting wage is linked to the insider wage so that increased bargaining power of insiders raises the starting wage and reduces the hiring of outsiders. |
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