Koskela, Erkki (contributor); Stenbacka, Rune (contributor) - 2004 - [Elektronische Ressource]
formation
and employment with stochastic revenue shocks and when base wages and profit shares
are determined through … n the labour market ‘rigidities’ are sufficiently small.
Keywords : Wage bargaining, profit sharing, efficiency wages … the base wages and thereby boost
aggregate employment. Conversely, we also show that profit sharing will have negative …