Showing 1 - 10 of 107
This paper sets up a general oligopolistic equilibrium model with two countries that differ in the centralization of union wage setting. Being interested in the consequences of openness, we show that, in the short-run, trade increases welfare and employment in both locations, and it raises...
Persistent link: https://www.econbiz.de/10010877792
This paper sets up a general oligopolistic equilibrium model with two countries that differ in the centralization of union wage-setting. Being interested in the consequences of openness, we show that, in the short run, trade increases welfare and employment in both locations, and it raises...
Persistent link: https://www.econbiz.de/10010931309
This paper sets up a multi-sector general oligopolistic equilibrium trade model in which all firms face wage claims of firm-level unions. By accounting for productivity differences across industries, the model features income inequality along multiple lines, including inequality between firm...
Persistent link: https://www.econbiz.de/10010597470
This paper sets up a general oligopolistic equilibrium model with unionized labor markets. By accounting for productivity dierences, the model features prot and wage dierentials across industries. We use this setting to study the impact of trade liberalization on employment, welfare, and the...
Persistent link: https://www.econbiz.de/10008561058
This paper sets up a general oligopolistic equilibrium model with two countries that differ in the centralization of union wage setting. Being interested in the consequences of openness, we show that, in the short-run, trade increases welfare and employment in both locations, and it raises...
Persistent link: https://www.econbiz.de/10010610263
Persistent link: https://www.econbiz.de/10009998687
In this paper, we introduce the fairness approach to efficiency wages into a standard model of international fragmentation. This gives us a theoretical framework in which wage inequality and unemployment rates are co-determined and therefore the public concern can be addressed that international...
Persistent link: https://www.econbiz.de/10012783557
Wage moderation in Germany is often cited as a major cause of its recent export success. We construct competitiveness measures at both industry and plant level using OECD STAN data in order to confront this hypothesis with empirical evidence. Our results show that plants’ export intensity is...
Persistent link: https://www.econbiz.de/10011040298
Persistent link: https://www.econbiz.de/10007478456
We set up a general equilibrium model with heterogeneous firms to study the interaction between wage bargaining and foreign direct investment. Thereby, we highlight the incentives of firms to invest abroad in order to improve their bargaining position vis--vis local unions and we show how...
Persistent link: https://www.econbiz.de/10005527218