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Regulation and Wage Bargaining

Author

Listed:
  • Dalen, D.M.
  • von der Fehr, N.-H.M.
  • Moen, E.R.

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.

Suggested Citation

  • Dalen, D.M. & von der Fehr, N.-H.M. & Moen, E.R., 1998. "Regulation and Wage Bargaining," Memorandum 13/1998, Oslo University, Department of Economics.
    • Handle: RePEc:hhs:osloec:1998_013
    as

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    File URL: http://www.sv.uio.no/econ/english/research/memorandum/pdf-files/1998/Memo-13-1998.pdf
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    WAGES ; BARGAINING ; REGULATION;
    All these keywords.

    JEL classification:

    • J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs
    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation

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