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dc.contributor.authorEgger, Hartmuten_US
dc.contributor.authorEtzel, Danielen_US
dc.date.accessioned2012-09-26en_US
dc.date.accessioned2012-10-11T15:54:35Z-
dc.date.available2012-10-11T15:54:35Z-
dc.date.issued2012en_US
dc.identifier.urihttp://hdl.handle.net/10419/64838-
dc.description.abstractThis paper sets up a general oligopolistic equilibrium model with two countries that differ in the centralization of union wage setting. Being interested in the consequences of openness, we show that, in the short-run, trade increases welfare and employment in both locations, and it raises income of capital owners as well as workers. In the long run, capital outflows from the country with the more centralized wage setting generate winners and losers and make the two countries more dissimilar in terms of unemployment of welfare. Decentralization of wage setting can successfully prevent capital outflow and the export of jobs.en_US
dc.language.isoengen_US
dc.publisherCESifo Münchenen_US
dc.relation.ispartofseriesCESifo Working Paper: Trade Policy 3929en_US
dc.subject.jelF12en_US
dc.subject.jelF16en_US
dc.subject.jelJ51en_US
dc.subject.jelL13en_US
dc.subject.ddc330en_US
dc.subject.keywordgeneral oligopolistic equilibriumen_US
dc.subject.keywordunion wage settingen_US
dc.subject.keywordasymmetric labor market institutionsen_US
dc.subject.keywordtrade liberalizationen_US
dc.subject.keywordcapital mobilityen_US
dc.subject.keyworddecentralization in union wage settingen_US
dc.subject.stwLohnbildungen_US
dc.subject.stwLohnpolitiken_US
dc.subject.stwTariflohnen_US
dc.subject.stwTarifpolitiken_US
dc.subject.stwAußenhandelsliberalisierungen_US
dc.subject.stwKapitalmobilitäten_US
dc.subject.stwOligopolen_US
dc.subject.stwMehr-Länder-Modellen_US
dc.subject.stwTheorieen_US
dc.titleUnion wage setting and international tradeen_US
dc.typeWorking Paperen_US
dc.identifier.ppn726454273en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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