| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5059854 | Economics Letters | 2012 | 4 Pages |
Abstract
⺠This paper models wage bargaining in the presence of a public transfer to unions. ⺠The optimal transfer is inversely related with the real wage of unions' members. ⺠It restores the perfectly competitive level of employment with zero inflation. ⺠It can be implemented through an appropriately defined inflation target. ⺠The inflation target must be linked to wage inflation.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Lilia Cavallari,