Neven, Damien J.; Röller, Lars-Hendrik; Zhang, Zhentang - Abteilung "Wettbewerbsfähigkeit und industrieller … - 1997
In this paper we specify and estimate a structural model which links product market competition and union power. The model has a two-stage setting in which wages are determined through bargaining between management and unions in the first stage, with a price-setting market game to follow in the...