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- W2032305189 abstract "This paper identifies three possible outcomes of higher relative firm bargaining power in a unionized firm facing an upward sloping labor supply curve. The conventional regime with reduced wage and higher employment corresponds to firm bargaining power below a certain critical value. A supply constrained regime where increased firm bargaining power reduces both wages and employment occurs when the bargaining power is above another critical level. A novel result is that we identify a third regime, with firm bargaining power between these critical levels, where changes in relative bargaining power does not affect wages and employment." @default.
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- W2032305189 title "Wage bargaining and monopsony" @default.
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- W2032305189 doi "https://doi.org/10.1016/j.econlet.2006.06.030" @default.
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