| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 10479847 | Labour Economics | 2012 | 7 Pages |
Abstract
⺠Profit sharing is important for the effect of intensified product market competition on equilibrium unemployment. ⺠If union bargaining power exceeds profit shares, intensified competition reduces unemployment. ⺠If profit shares exceed the bargaining power, intensified competition may increase unemployment. ⺠Intensified product market competition may worsen the performance of an imperfectly competitive labour market.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Erkki Koskela, Rune Stenbacka,