Sanfey, P.J. (1998) Bargaining, efficiency wages, and the price-cost markup. Economics Letters, 58 (2). pp. 193-197. ISSN 0165-1765.
| The full text of this publication is not available from this repository. (Contact us about this Publication) | |
| Official URL http://dx.doi.org/10.1016/S0165-1765(97)00271-1 |
Abstract
The size of the negative effect of unions on the price-cost markup in efficient bargain models depends on the extent to which the union cares about employment rather than wages. A negative effect in labour demand models can also arise under efficiency wages.
| Item Type: | Article |
|---|---|
| Uncontrolled keywords: | bargaining power; efficiency wages; markup |
| Subjects: | H Social Sciences > HB Economic Theory H Social Sciences > HD Industries. Land use. Labor |
| Divisions: | Faculties > Social Sciences > School of Economics |
| Depositing User: | Tara Puri |
| Date Deposited: | 04 Jul 2009 00:15 |
| Last Modified: | 04 Jul 2009 00:15 |
| Resource URI: | http://kar.kent.ac.uk/id/eprint/17099 (The current URI for this page, for reference purposes) |
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