When is there more employment, with individual or collective wage bargaining?

In a standard Diamond-Mortensen-Pissarides labour market with frictions, the authors seek to determine when there is more employment with individual wage bargaining than with collective wage bargaining, using a wage equation generated by the standard total surplus sharing rule. Using a Cobb-Douglas...

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Detalles Bibliográficos
Autores: García, José Ramón, Sorolla, Valeri|||0000-0002-2197-5232
Tipo de recurso: artículo
Fecha de publicación:2019
País:España
Institución:Universitat Autònoma de Barcelona
Repositorio:Dipòsit Digital de Documents de la UAB
Idioma:inglés
OAI Identifier:oai:ddd.uab.cat:223138
Acceso en línea:https://ddd.uab.cat/record/223138
https://dx.doi.org/urn:doi:10.5018/economics-ejournal.ja.2019-15
Access Level:acceso abierto
Palabra clave:Matching frictions
Unemployment
Individual and collective wage setting
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spelling When is there more employment, with individual or collective wage bargaining?García, José RamónSorolla, Valeri|||0000-0002-2197-5232Matching frictionsUnemploymentIndividual and collective wage settingIn a standard Diamond-Mortensen-Pissarides labour market with frictions, the authors seek to determine when there is more employment with individual wage bargaining than with collective wage bargaining, using a wage equation generated by the standard total surplus sharing rule. Using a Cobb-Douglas production function, they find that if the bargaining power of the individual is high compared to the bargaining power of the union, there is more unemployment with individual wage setting and vice versa. When the individual worker and the union have the same bargaining power, if the cost of opening a vacancy is sufficiently high, there is more unemployment with individual wage setting. Finally, for a constant marginal product of labour production function AL, when the individual worker and the union have the same bargaining power, individual bargaining produces more unemployment. 22019-01-0120192019-01-01Articlehttp://purl.org/coar/resource_type/c_6501VoRhttp://purl.org/coar/version/c_970fb48d4fbd8a85info:eu-repo/semantics/articleapplication/pdfhttps://ddd.uab.cat/record/223138https://dx.doi.org/urn:doi:10.5018/economics-ejournal.ja.2019-15reponame:Dipòsit Digital de Documents de la UABinstname:Universitat Autònoma de BarcelonaInglésengAgència de Gestió d'Ajuts Universitaris i de Recerca https://doi.org/10.13039/501100003030 2017/SGR-1765Ministerio de Economía y Competitividad https://doi.org/10.13039/501100003329 ECO2014-53150-RMinisterio de Economía y Competitividad https://doi.org/10.13039/501100003329 ECO2015-67602-Popen accesshttp://purl.org/coar/access_right/c_abf2Aquest document està subjecte a una llicència d'ús Creative Commons. Es permet la reproducció total o parcial, la distribució, la comunicació pública de l'obra i la creació d'obres derivades, fins i tot amb finalitats comercials, sempre i quan es reconegui l'autoria de l'obra original.https://creativecommons.org/licenses/by/4.0/info:eu-repo/semantics/openAccessoai:ddd.uab.cat:2231382026-06-06T12:50:31Z
dc.title.none.fl_str_mv When is there more employment, with individual or collective wage bargaining?
title When is there more employment, with individual or collective wage bargaining?
spellingShingle When is there more employment, with individual or collective wage bargaining?
García, José Ramón
Matching frictions
Unemployment
Individual and collective wage setting
title_short When is there more employment, with individual or collective wage bargaining?
title_full When is there more employment, with individual or collective wage bargaining?
title_fullStr When is there more employment, with individual or collective wage bargaining?
title_full_unstemmed When is there more employment, with individual or collective wage bargaining?
title_sort When is there more employment, with individual or collective wage bargaining?
dc.creator.none.fl_str_mv García, José Ramón
Sorolla, Valeri|||0000-0002-2197-5232
author García, José Ramón
author_facet García, José Ramón
Sorolla, Valeri|||0000-0002-2197-5232
author_role author
author2 Sorolla, Valeri|||0000-0002-2197-5232
author2_role author
dc.subject.none.fl_str_mv Matching frictions
Unemployment
Individual and collective wage setting
topic Matching frictions
Unemployment
Individual and collective wage setting
description In a standard Diamond-Mortensen-Pissarides labour market with frictions, the authors seek to determine when there is more employment with individual wage bargaining than with collective wage bargaining, using a wage equation generated by the standard total surplus sharing rule. Using a Cobb-Douglas production function, they find that if the bargaining power of the individual is high compared to the bargaining power of the union, there is more unemployment with individual wage setting and vice versa. When the individual worker and the union have the same bargaining power, if the cost of opening a vacancy is sufficiently high, there is more unemployment with individual wage setting. Finally, for a constant marginal product of labour production function AL, when the individual worker and the union have the same bargaining power, individual bargaining produces more unemployment.
publishDate 2019
dc.date.none.fl_str_mv 2
2019-01-01
2019
2019-01-01
dc.type.none.fl_str_mv Article
http://purl.org/coar/resource_type/c_6501
VoR
http://purl.org/coar/version/c_970fb48d4fbd8a85
dc.type.openaire.fl_str_mv info:eu-repo/semantics/article
format article
dc.identifier.none.fl_str_mv https://ddd.uab.cat/record/223138
https://dx.doi.org/urn:doi:10.5018/economics-ejournal.ja.2019-15
url https://ddd.uab.cat/record/223138
https://dx.doi.org/urn:doi:10.5018/economics-ejournal.ja.2019-15
dc.language.none.fl_str_mv Inglés
eng
language_invalid_str_mv Inglés
language eng
dc.relation.none.fl_str_mv Agència de Gestió d'Ajuts Universitaris i de Recerca https://doi.org/10.13039/501100003030 2017/SGR-1765
Ministerio de Economía y Competitividad https://doi.org/10.13039/501100003329 ECO2014-53150-R
Ministerio de Economía y Competitividad https://doi.org/10.13039/501100003329 ECO2015-67602-P
dc.rights.none.fl_str_mv open access
http://purl.org/coar/access_right/c_abf2
https://creativecommons.org/licenses/by/4.0/
dc.rights.openaire.fl_str_mv info:eu-repo/semantics/openAccess
rights_invalid_str_mv open access
http://purl.org/coar/access_right/c_abf2
https://creativecommons.org/licenses/by/4.0/
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.source.none.fl_str_mv reponame:Dipòsit Digital de Documents de la UAB
instname:Universitat Autònoma de Barcelona
instname_str Universitat Autònoma de Barcelona
reponame_str Dipòsit Digital de Documents de la UAB
collection Dipòsit Digital de Documents de la UAB
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