A Model of Creative Destruction with Collective Bargaining

Tapio Palokangas

University of Helsinki, Department of Economics from Department of Economics

Abstract: This paper examines the relationship of growth and collective bargaining, when research and ordinary production employ two labour inputs, the households' saving behaviour is characterized by stochastic returns that follow a Poisson process, and wages are simultaneously determined by collective bargaining in a fixed number of sectors.

Keywords: WORKERS' REPRESENTATION; INNOVATIONS; ECONOMIC GROWTH (search for similar items in EconPapers)
JEL-codes: J50 O31 O40 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:fth:helsec:470

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