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A Two-Period Unionized Mixed Oligopoly Model: Public-Private Wage Differentials and “Eurosclerosis†Reconsidered

Minas Vlassis () and Polyxeni Gioti

No 1802, Working Papers from University of Crete, Department of Economics

Abstract: In the present paper we develop a two-period unionized mixed duopoly model, furnished with second period- demand shocks, where decentralized firm-specific wage bargains are struck in each period before product market competition is in place.

Keywords: Unions; Oligopoly; firing restrictions; Eurosclerosis (search for similar items in EconPapers)
JEL-codes: C70 C71 C60 (search for similar items in EconPapers)
Pages: 29 pages
Date: 2018-09-24
New Economics Papers: this item is included in nep-bec, nep-com and nep-gth
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