Cardona, Daniel; Sánchez-Losada, Fernando - In: Oxford Economic Papers 58 (2006) 1, pp. 50-76
The purpose of this paper is to analyse the impact of the unions' bargaining power on production and wages. In our model a competitive final good is produced from two substitutable intermediate goods. One of them is produced in a unionized unskilled sector and the other in a unionized skilled...