the loses to the low paid. Product market integration may thus lead to a more inequal distribution of wages and employment …, even though there are aggregate gains in terms of higher real incomes and employment. …

. Wages, employment and welfare increase as a result of further product market integration. It is interesting to note that the …

In this paper, we study how foreign ownership of Swedish companies affects employment and wages. To study these effects … employers bargain over employment and wages. Our hypothesis is that bargaining power is affected by institutional settings and … the period 1980-2005. The results indicate no significant impact of foreign ownership on employment or wages in Sweden. …

overemployment or to under-employment compared with the first-best. On the other hand, in Stole and Zwiebel?s theory of intrafirm … and always gives rise to over-employment. In this paper, we try to reconcile the approaches. A simple matching model with … employment compared to the efficient allocation than in the standard search-matching model. …

We analyze the welfare and employment effects of different wage bargaining regimes. Within the large firm search model …, we show that collective bargaining affects employment via two channels. Collective bargaining exerts opposing effects on … job creation and wage setting. Firms have a stronger incentive for strategic employment, while workers benefit from the …

central planner eliminates union power altogether to have full employment. On the other hand, if (b) is more effective than (a …