This paper investigates whether increases in the minimum wage in France have the same impact on the average wage when intended to preserve the purchasing power of the minimum wage as when intended to raise it. We find that the impact of the minimum wage on the average wage is strong, but differs...

Considering Cournot competition, this note shows that, if the firms differ in labor productivities, the equilibrium wage rates under a centralized labor union are not independent of the number of firms and product differentiation if the labor union charges a uniform wage rate. However, if the...

In a non competitive labour market, wages are determined by negotiations between trade unions and employers. We also suppose that two kinds of unemployment benefits follow. In the first, described as stationary, a stable benefit is paid whatever the duration of unemployment. In the second,...

Considering Cournot competition, this note shows that, if the firms differ in labor productivities, the equilibrium wage rates under a centralized labor union are not independent of the number of firms and product differentiation if the labor union charges a uniform wage rate. However, if the...

In a non competitive labour market, wages are determined by negotiations between trade unions and employers. We also suppose that two kinds of unemployment benefits follow. In the first, described as stationary, a stable benefit is paid whatever the duration of unemployment. In the second,...

In contrast to the predictions of conventional economic theory, it is well documented that similar workers receive wages positively correlated with the size of the firm employing them. To explain these findings we augment the Waldman (1984) framework by adding a size variable and construct a...

This paper presents a two-country model of duopolistic market with vertical relations which leads to a paradoxical result: when upstream firms possess sufficient bargaining power, cost-reducing FDI may actually enhance the rival firm's profit.

If "tax progression is good for employment in popular models of trade union behaviour" (Koskela and Vilmunen, 1996), then a flat-rate premium, as proposed as a means of funding for public health care, is bad. This note shows that replacing existing (proportional) social security contributions by...

It is well-known that the efficient-bargain model imposes no general restrictions on the slope of the contract curve. As a result, both upward- and downward-sloping curves are consistent with the theory. Less is known, however, about the effect on the contract curve of changes in the demand and...

After the stabilization plan of 1994, and trade liberalization, the Brazilian inflation rate ped from two figures monthly to a single one annually. Several large capitalization firms began adhering to the Annual Social Audit disclosures, a series of internal and external indicators mostly...