| Description |
1 online resource (iii, 22 pages, 3 unnumbered leaves of plates) : illustrations |
| Series |
IMF working paper ; WP/93/25 |
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IMF working paper ; WP/93/25.
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| Summary |
Annotation The main focus of the wage bargaining literature has been on the factors promoting real wage flexibility at the macro level. This paper, in contrast, examines the microeconomic issues of wage bargaining. More specifically, this paper appraises the following questions: (a) what are the conditions under which a firm prefers decentralized to centralized bargaining?, (b) what are the characteristic features of firms which prefer decentralized to centralized bargaining?, and (c) has the proportion of firms which prefer decentralized bargaining increased over time? These questions are examined in an efficiency wage model with insider-outsider features. This paper provides useful theoretical insights for understanding the issues involved in shifting from centralized to decentralized wage bargaining |
| Bibliography |
Includes bibliographical references (pages 20-22) |
| Notes |
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
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English |
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digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL |
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Print version record |
| Subject |
Wage bargaining -- Economic aspects -- Mathematical models
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Wages -- Mathematical models
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Wages and labor productivity.
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Productivity bargaining.
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Wages and labor productivity
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Productivity bargaining
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Wages -- Mathematical models
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| Form |
Electronic book
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| Author |
Rowthorn, Bob, author.
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International Monetary Fund. European I Department, issuing body.
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| ISBN |
1455290718 |
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9781455290710 |
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1281990167 |
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9781281990167 |
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1462378323 |
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9781462378326 |
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1455223220 |
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9781455223220 |
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9786613794598 |
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6613794597 |
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