Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/90796 
Year of Publication: 
1998
Series/Report no.: 
Memorandum No. 13/1998
Publisher: 
University of Oslo, Department of Economics, Oslo
Abstract: 
In many regulated industries labour uions are strong and there is clear empirical evidence of labour rent-sharing. We study optimal regulation in a model in which wages are determined endogenously by wage bargaining at the firm level. Compared to the case in which wages do not depend on the regime under which the firm is regulated, allowing for endogenously determined wages has ambiguous effects on the regulatory contract.
Subjects: 
wages
bargaining
regulation
JEL: 
J3
L51
Document Type: 
Working Paper

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