Nash Bargaining, Credible Bargaining and Efficiency Wages in a Matching Model for the US.

This paper incorporates Nash bargaining, credible bargaining and efficiency wages as special cases of an over-arching model of wage determination in a matching model that is used to assess econometrically how well each fits US data. With Nash bargaining, estimates for worker bargaining power and th...

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Autori principali: Malcomson, J, Mavroeidis, S
Natura: Working paper
Lingua:English
Pubblicazione: Department of Economics (University of Oxford) 2010