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Persistent link: https://www.econbiz.de/10001912554
We evaluate the effects of outsourcing and wage solidarity on wage formation andequilibrium unemployment in a heterogeneous labour market, where wages are determinedby a monopoly labour union. We find that outsourcing promotes the wage dispersion betweenthe high-skilled and low-skilled workers...
Persistent link: https://www.econbiz.de/10005863113
Persistent link: https://www.econbiz.de/10001784143
Persistent link: https://www.econbiz.de/10001948646
We investigate the interaction between labour and credit market imperfections for equilibrium unemployment in the presence of profit sharing. In a partial equilibrium with exogenous outside options increased bargaining power of banks has adverse employment effects. In a general equilibrium with...
Persistent link: https://www.econbiz.de/10010261788
We study the implications of product market competition and investment for price setting, wage bargaining and thereby for equilibrium unemployment in an economy with product and labour market imperfections. We show that intensified product market competition will reduce equilibrium unemployment,...
Persistent link: https://www.econbiz.de/10010261822
We study the various consequences of and the incentives for outsourcing. We argue that the wage elasticity of labour demand increases as a function of the share of outsourcing, which is a result consistent with existing empirical research. Furthermore, we show that a production mode with a...
Persistent link: https://www.econbiz.de/10010264053
We evaluate the effects of outsourcing and wage solidarity on wage formation and equilibrium unemployment in a heterogeneous labour market, where wages are determined by a monopoly labour union. We find that outsourcing promotes the wage dispersion between the high-skilled and low-skilled...
Persistent link: https://www.econbiz.de/10010264123
We study both the various consequences and the incentives of outsourcing. We argue that the wage elasticity of labour demand is increasing as a function of the share of outsourcing, which is importantly a result consistent with existing empirical research. Furthermore, we show that a production...
Persistent link: https://www.econbiz.de/10010267861
We evaluate the effects of outsourcing and wage solidarity on wage formation and equilibrium unemployment in a heterogeneous labour market, where wages are determined by a monopoly labour union. We find that outsourcing promotes the wage dispersion between the high-skilled and low-skilled...
Persistent link: https://www.econbiz.de/10010268150