Union wages, hours of work and the effectiveness of partial coordination agreements

被引:3
作者
Wehke, Sven [1 ]
机构
[1] Otto VonGuericke Univ Magdegurg, Fac Econ & Management, D-39016 Magdeburg, Germany
关键词
Unemployment; Wage setting; Hours of work; Partial cooperation; EMPLOYMENT; UNEMPLOYMENT; OECD;
D O I
10.1016/j.labeco.2008.06.001
中图分类号
F [经济];
学科分类号
02 ;
摘要
Small monopoly trade unions decide upon the wage rate per hour and the hours of work subject to firm's demand for union members. Since the resulting Nash equilibrium is characterized by excess unemployment, We Study the employment and welfare effects when trade unions try to coordinate their policies. Firstly, we consider a joint agreement about marginal wage moderation, where trade unions remain free to choose the hours of work non-cooperatively. Secondly. we analyze in which way a joint change in the hours of work affects employment and welfare if trade unions are free to choose the wage rate. (C) 2008 Elsevier B.V. All rights reserved.
引用
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页码:89 / 96
页数:8
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