Testing Employment Determination in Unionised Economies as a Repeated Game
AbstractThis paper is an empirical analysis of alternative bargaining theories of wage and employment determination. Using data from manufacturing sectors of the Spanish economy, the authors find that unions and firms are not myopic and take dynamic considerations into account in the bargaining process. This work is an empirical test of the bargaining model in M. P. Espinosa and C. Rhee (1989) and provides support for their conclusions. Copyright 1997 by Scottish Economic Society.
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Bibliographic InfoArticle provided by Scottish Economic Society in its journal Scottish Journal of Political Economy.
Volume (Year): 44 (1997)
Issue (Month): 2 (May)
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Web page: http://www.blackwellpublishing.com/journal.asp?ref=0036-9292
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Other versions of this item:
- De la Rica, S. & Espinosa, M.P., 1996. "Testing Employment determination in Unionised Economices as a Repeated Gam e," ASSET - Instituto De Economia Publica 157, ASSET (Association of Southern European Economic Theorists).
- C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
- J50 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - General
- J51 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Trade Unions: Objectives, Structure, and Effects
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- Nicholas Lawson, 2011. "Is Collective Bargaining Pareto Efficient? A Survey of the Literature," Journal of Labor Research, Springer, vol. 32(3), pages 282-304, September.
- Chica Páez, Yolanda & Espinosa Alejos, María Paz, 2005. "Union Formation and Bargaining Rules in the Labor Market," DFAEII Working Papers 2005-07, University of the Basque Country - Department of Foundations of Economic Analysis II.
- Chica Páez, Yolanda & Espinosa Alejos, María Paz, 2009. "Endogenous Unions Formation," DFAEII Working Papers 2009-.07, University of the Basque Country - Department of Foundations of Economic Analysis II.
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