WAGE BARGAINING, IMPERFECT COMPETITION AND THE MARKUP - OPTIMIZING MICROFOUNDATIONS

Authors
SEN A DUTT AK
Citation
A. Sen et Ak. Dutt, WAGE BARGAINING, IMPERFECT COMPETITION AND THE MARKUP - OPTIMIZING MICROFOUNDATIONS, Economics letters, 48(1), 1995, pp. 15-20
Citations number
15
Categorie Soggetti
Economics
Journal title
Economics letters → ACNP
ISSN journal
01651765
Volume
48
Issue
1
Year of publication
1995
Pages
15 - 20
Database
ISI
SICI code
0165-1765(1995)48:1<15:WBICAT>2.0.ZU;2-U
Abstract
Combining the conjectural variations and Nash bargaining approaches it is shown that the demand-insensitive markup depends on the bargaining power of unions relative to owners of firms (in addition to more stan dard product market characteristics).