Pay Inequality and Job Creation

Karl Ove Moene and M. Walelrstein

Memorandum from Oslo University, Department of Economics

Abstract: We investigate the effects of wage compression through centralized collective bargaining when growth depends on the continual reallocation of labor from older, less productive plants to new, more productive plants.

Keywords: COLLECTIVE BARGAINING; WAGES; COMPETITION; LABOUR MARKET (search for similar items in EconPapers)
JEL-codes: J30 J31 J50 (search for similar items in EconPapers)
Pages: 39 pages
Date: 1996
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:hhs:osloec:1996_026

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