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- W1578210725 abstract "A new explanation for the high correlation between wage rates negotiated by firms belonging to the same industry is offered. Unions observe the price of the industry's output with error but they also use data from previously negotiated wage settlements in their negotiations. We show that negotiated wage rates tend to increase as the wage round proceeds." @default.
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- W1578210725 date "1990-04-01" @default.
- W1578210725 modified "2023-10-14" @default.
- W1578210725 title "Wage rounds" @default.
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- W1578210725 doi "https://doi.org/10.1016/0165-1765(90)90034-x" @default.
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