• Title of article

    Bargaining, efficiency wages, and the price–cost markup

  • Author/Authors

    Peter J. Sanfey، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 1998
  • Pages
    5
  • From page
    193
  • To page
    197
  • 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.
  • Keywords
    Efficiency Wages: Markup , Bargaining power
  • Journal title
    Economics Letters
  • Serial Year
    1998
  • Journal title
    Economics Letters
  • Record number

    434493