' incentives to increase labor productivity. We distinguish three modes of unionization with increasing degree of centralization … incentives than "coordination." Depending on the innovation outcome, workers' wage bill is maximized under "centralization" if … firms' productivity differences remain small. Otherwise, workers prefer an intermediate degree of centralization, which …

' incentives to increase labour productivity. We distinguish three modes of unionisation with increasing degree of centralisation … incentives than "coordination." Depending on the innovation outcome, workers' wage bill is maximised under centralisation" if … firms' productivity differences remain small. Otherwise, workers prefer an intermediate degree of centralisation, which …

This paper studies the incentives for firms and unions to establish profit sharing contracts as a strategic instrument … in a Cournot product market oligopoly with decentralized and centralized wage bargaining. Therefore, we examine the … stability of these institutional arrangements and show that unions and firms collectively prefer classical wage contracts …

This paper examines how different unionisation structures affect firms' innovation incentives and industry employment …: 'Decentralisation' carries higher investment incentives than 'coordination'. Labour market policy can spur innovation by decentralising …

This Paper examines how different unionization structures affect firms' innovation incentives and industry employment …: ‘decentralization’ carries higher investment incentives than ‘coordination’. Labour market policy can spur innovation by decentralizing …

This paper examines how different unionisation structures affect firms' innovation incentives and industry employment …: "Decentralisation" carries higher investment incentives than "coordination". Labour market policy can spur innovation by decentralising …

We develop a model of strategic networks in order to analyze how trade unions will affect the stability and efficiency … is not true. Strong stability even reinforces this conflict. However, once unions settle wages such conflict disappears …

We develop a model of strategic networks in order to analyze how trade unions will affect the stability and efficiency … is not true. Strong stability even reinforces this conflict. However, once unions settle wages such conflict disappears …

asymmetries in firms’ productivity and in unions’ risk aversion and/or bargaining power may generate various degrees of … of all the unions and (typically) the efficient firms has an incentive to establish wage bargaining centralization at the … sectoral level. If productivity differences are high enough, wage bargaining may also occur at the firm level, but only …