Bargaining with Outside Options: Wages and Employment in UK Manufacturing 1974-82

Pasquale Scaramozzino

Economic Journal, 1991, vol. 101, issue 405, 331-42

Abstract: This paper develops a model of labor bargaining in which insider and outsider factors play a different role across firms and over time. Three different bargaining regimes are identified: in two of them the outcome is dictated by outside market conditions, while in the third there is scope for insider factors. Empirical findings in U.K. manufacturing firms from 1974 until 1982 show evidence of such structural breaks in the rent-sharing behavior. They also support the view that, in the sample period, wage determination at the firm level has largely been driven by factors external to the firm. Copyright 1991 by Royal Economic Society.

Date: 1991
References: Add references at CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://links.jstor.org/sici?sici=0013-0133%2819910 ... 0.CO%3B2-B&origin=bc full text (application/pdf)
Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.

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:ecj:econjl:v:101:y:1991:i:405:p:331-42

Ordering information: This journal article can be ordered from
http://www.blackwell ... al.asp?ref=0013-0133

Access Statistics for this article

Economic Journal is currently edited by Martin Cripps, Steve Machin, Woulter den Haan, Andrea Galeotti, Rachel Griffith and Frederic Vermeulen

More articles in Economic Journal from Royal Economic Society Contact information at EDIRC.
Bibliographic data for series maintained by Wiley-Blackwell Digital Licensing () and Christopher F. Baum ().