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dc.contributor.authorBauer, Christianen_US
dc.contributor.authorLingens, Jörgen_US
dc.date.accessioned2010-08-11T08:53:22Z-
dc.date.available2010-08-11T08:53:22Z-
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/10419/37287-
dc.description.abstractWe analyze the welfare and employment effects of different wage bargaining regimes. Within the large firm search model, we show that collective bargaining affects employment via two channels. Collective bargaining exerts opposing effects on job creation and wage setting. Firms have a stronger incentive for strategic employment, while workers benefit from the threat of a strike. We find that the employment increase due to the strategic motive is dominated by the employment decrease due to the increase in workers' threat point. In aggregate equilibrium, employment is ineffciently low under collective bargaining. But it is not always true that equilibrium wages exceed those under individual bargaining. If unemployment benefits are suffciently low, collectively bargained wages are smaller. The theory sheds new light on policies concerned with strategic employment and the relation between replacement rates and the extent of collective wage bargaining.en_US
dc.language.isoengen_US
dc.publisherVerein für Socialpolitik Frankfurt a. M.en_US
dc.relation.ispartofseriesBeiträge zur Jahrestagung des Vereins für Socialpolitik 2010: Ökonomie der Familie - Session: Wages: Bargaining and Minimum Wage D19-V1en_US
dc.subject.jelJ30en_US
dc.subject.jelJ50en_US
dc.subject.jelJ41en_US
dc.subject.ddc330en_US
dc.subject.keywordsearchen_US
dc.subject.keywordoveremploymenten_US
dc.subject.keywordcollective wage bargainingen_US
dc.subject.keywordwage determinationen_US
dc.titleIndividual vs. Collective Bargaining in the Large Firm Search Modelen_US
dc.typeConference Paperen_US
dc.identifier.ppn655943382-
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
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