|
|||||
|
|
UNIONS' RELATIVE CONCERNS AND STRIKES IN WAGE BARGAINING |
|
| Authors: | A Mauleon Vincent Vannetelbosch Cecilia Vergari |
| Institution: | 1. CORE, Université catholique de Louvain, Louvain‐la‐Neuve, Belgium and CEREC, Facultés universitaires Saint‐Louis, , Brussels, Belgium;2. Department of Economic Sciences, University of Bologna, , Bologna, Italy |
| Abstract: | We consider a model of wage determination with private information in an oligopoly. We investigate the effects of unions having relative concerns on the negotiated wage and the strike activity. We show that an increase of unions’ relative concerns has an ambiguous effect on the strike activity. |
| Keywords: | private information relative position strike activity wage bargaining C70 D60 J50 |