Insider bargaining power, starting wages, and involuntary unemployment
Insider bargaining power, starting wages, and involuntary unemployment
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内部议价能力、起薪和非自愿失业
DOI:
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发表时间:
2000
期刊:
影响因子:
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通讯作者:
Tomas Sjöström
中科院分区:
文献类型:
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作者:
Nils Gottfries;Tomas Sjöström
Recent analyses of wage bargaining has emphasized the distinction between insiders and outsiders, yet one typically assumes that insiders and recently hired outsiders are paid the same wage. We consider a model where the starting wage for outsiders may be lower than the insider wage, but incentive constraints associated with turnover affect the form of the contract. We examine under what conditions the starting wage is linked to the insider wage so that increased bargaining power of insiders raises the starting wage and reduces hiring of outsiders.