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Syncronized or Staggered Wage Bargaining

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Author Info
Juan Carlos Barcena () (Departamento de Fundamentos del Analisis Economico, Universidad del Pais Vasco, Spain)
Ma. Luz Campo () (Departamento de Fundamentos del Analisis Economico, Universidad del Pais Vasco, Spain)

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Abstract

This paper analyzes the timing of wage bargaining in a unionized market, assuming that workers are organized in independent unions. In equilibrium, when unions decide the timing of the negotiations, we obtain a staggered wage setting. When firms decide the timing of the negotiations, we obtain a synchonized wage setting. In general, the result also holds when workers are organized in an industry union.

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Publisher Info
Paper provided by Universidad del País Vasco - Departamento de Economía Aplicada III (Econometría y Estadística) in its series BILTOKI with number 199904.

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Date of creation: 03 Jun 1999
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Handle: RePEc:ehu:biltok:199904

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Postal: Dpto. de Econometría y Estadística, Facultad de CC. Económicas y Empresariales, Universidad del País Vasco, Avda. Lehendakari Aguirre 83, 48015 Bilbao, Spain
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Related research
Keywords: Wage bargaining; Bargaining structure;

Find related papers by JEL classification:
J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
J33 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Compensation Packages; Payment Methods
J50 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - General

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