An Imperfectly Competitive Open Economy with Sequential Bargaining in the Labour Market
Huw Dixon () and
Michele Santoni ()
Annals of Economics and Statistics, 1995, issue 37-38, 293-317
We consider a three sector small open economy with a monopolistic non traded sector, a competitive traded good sector, and a capital good sector. In both the consumer good sector, there are enterprise unions that bargain sequentially over wages and employment as in Manning . This approach encompasses the standard monopoly union, right-to-manage and efficient bargain bargaining models. We consider first the effects of bargaining strengths at each stage on overall macroeconomic equilibrium. Here we find strong general equilibrium spillover effects: bargaining strength in one sector affecting the other sectors. Second, we consider the influence of the bargaining process on the welfare analysis of fiscal policy.
References: Add references at CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
Working Paper: An Imperfectly Competitive Open Economy with Sequential Bargaining in the Labour Market (1994)
Working Paper: An Imperfectly Competitive Open Economy with Sequential Bargaining in the Labour Market
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:adr:anecst:y:1995:i:37-38:p:293-317
Access Statistics for this article
Annals of Economics and Statistics is currently edited by Laurent Linnemer
More articles in Annals of Economics and Statistics from GENES Contact information at EDIRC.
Bibliographic data for series maintained by Secretariat General ().