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ii) labour markets are subject to a static inefficiency resulting from wage bargaining. If considered in isolation, under …
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increased bargaining power of banks will have adverse employment effects. However, with a labour force mobile across industries … schemes as long as the labour market imperfections - measured by the relative bargaining power of the trade unions - are …
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This paper shows how the distribution of the ownership of multinational companies and the labour market conditions, especially the wage formation process, influence the outcome of interjurisdictional tax competition and coordination. In particular, it sets forth that equilibrium corporate tax...
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capital structure when firms face stochastic revenue shocks. We apply a generalized Nash bargaining solution which extends the … wage bargaining literature by incorporating effciency wage considerations, profit-sharing and capital structure. The profit …
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the goods market and wage bargaining in the labor market. Policy externalities operate through the endogenously determined …
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