Competition for Qualified Workers through Interdependent Wages

Xavier Wauthy

No 1994029, LIDAM Discussion Papers IRES from Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES)

Abstract: A labour market is modelled where two firms, differentiated by their technologies are competing in wages to attract workers endowed with specific qualification level. We show how worker’s willingness to acquire qualification and firms’ ability to set wages explain wages differential at the Nash equilibrium. Markets outcomes at the competitive equilibrium are compared to those resulting from strategic wage setting behaviour : imperfect competition solely may create unemployment but may also be a condition for heterogenous labour demands to exist.

Pages: 17
Date: 1994-11-01
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ctl:louvir:1994029

Access Statistics for this paper

More papers in LIDAM Discussion Papers IRES from Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES) Place Montesquieu 3, 1348 Louvain-la-Neuve (Belgium). Contact information at EDIRC.
Bibliographic data for series maintained by Virginie LEBLANC ().