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Efficient Bargains in the Context of Recent Labour Market Experience and Policy

Author

Listed:
  • Robert A Hart
  • Thomas Moutos

Abstract

In Europe in recent times, bargaining between a leading nationally-based industrial union and a representative group of employers over the issues of employment, wages and working time has proved to be influential in a much wider industrial context. Adopting a generalized Nash bargaining approach, this paper considers the possible effects on such "key" bargains of several prominent labor market events and policies experienced since the middle 1970s. These include the impacts of OPEC supply shocks, changes in union power, greater emphasis on payroll taxes as well as growing government economic orthodoxy as expressed through the goal of a balanced budget.
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(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Robert A Hart & Thomas Moutos, 1990. "Efficient Bargains in the Context of Recent Labour Market Experience and Policy," Working Papers Series 90/7, University of Stirling, Division of Economics.
    • Handle: RePEc:stl:stlewp:90/7
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    Cited by:

    1. is not listed on IDEAS
    2. Goerke, Laszlo & Hillesheim, Inga, 2013. "Relative consumption, working time, and trade unions," Labour Economics, Elsevier, vol. 24(C), pages 170-179.
    3. Chica Páez, Yolanda & Espinosa Alejos, María Paz, 2005. "Union Formation and Bargaining Rules in the Labor Market," DFAEII Working Papers 1988-088X, University of the Basque Country - Department of Foundations of Economic Analysis II.
    4. Goerke, Laszlo, 1997. "Taxes in an open shop trade union model," Discussion Papers, Series II 346, University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy".
    5. Drakopoulos, Stavros A., 1995. "Towards a Hierarchical Approach to Trade Union Behaviour," MPRA Paper 15597, University Library of Munich, Germany.

    More about this item

    JEL classification:

    • J0 - Labor and Demographic Economics - - General
    • J5 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining

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