Arbeitspapier
Wage competition with international capital mobility
This paper analyzes wage competition between national trade unions caused by the international mobility of capital. Perfect capital mobility leads to a Bertrand result for the outcome of wage competition: A pure strategy equilibrium implies full employment in all countries. It is shown that such an equilibrium exists for a sufficiently large number of countries. As extensions of the basic model, decreasing returns to scale and capital adjustment costs are introduced.
- Sprache
-
Englisch
- Erschienen in
-
Year: 1997 ; Kiel: Institut für Weltwirtschaft (IfW)
- Klassifikation
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Wirtschaft
- Thema
-
capital mobility
trade unions
Lohnpolitik
Gewerkschaftspolitik
Standortwettbewerb
Kapitalmobilität
Oligopol
Spieltheorie
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Lorz, Jens Oliver
- Ereignis
-
Veröffentlichung
- (wer)
-
Kiel Institute of World Economics (IfW)
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
- (wo)
-
Kiel
- (wann)
-
1997
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Lorz, Jens Oliver
- Kiel Institute of World Economics (IfW)
- ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
Entstanden
- 1997
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