Titlebook: Union Wage Bargaining and Economic Growth; Jörg Lingens Book 2004 Springer-Verlag Berlin Heidelberg 2004 Economic Growth.Labour Markets.Un

Vital-Signs

Union Wage Bargaining and Economic Growth978-3-642-17017-1Series ISSN 0075-8442 Series E-ISSN 2196-9957

褪色

Lecture Notes in Economics and Mathematical Systemshttp://image.papertrans.cn/u/image/942082.jpg

SPURN

https://doi.org/10.1007/978-3-642-17017-1Economic Growth; Labour Markets; Unemployment; Union Wage Bargaining; Unions; growth; growth model

烧瓶

想象

潜移默化

SummaryIn this first part we have analysed the impact of union wage bargaining on the accumulation of capital. As was already shown, capital accumulation is an important determinant of economic growth and as such, it is also important to analyse the impact of collective bargaining in models with capital accumulation.

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Union Wage BargainingWe assume that the new monopolist has to bargain the low-skilled wage with a labour union. After a wage agreement is settled, the intermediate good monopolist can choose the amount of labour he wants to hire, given the bargained wage.

认识

AppendixIn this appendix we will derive the asset equation a potential innovator faces. The presentation follows Weiß (2001) and Dixit and Pindyck (1994): the reward for being the new monopolist is the (expected) stream of monopoly profits.

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初学者

Unions and Investment, it is possible to produce a bigger amount tomorrow. Thus, the question which way will investment change when integrating imperfect labour markets is the first natural step to analyse the impact of union wage bargaining on the rate of growth.