Sanfey, P.J. (1998) Bargaining, efficiency wages, and the price-cost markup. Economics Letters, 58 (2). pp. 193-197. ISSN 0165-1765.
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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.
|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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