Arbeitspapier
A monopoly union model of wage determination with taxes and endogenous capital stock: an empirical application to the Finnish manufacturing industry
The paper formulates a model of wage determination in accordance with the notion of a monopoly union determining wages after which the firm decides on employment. The novelty is to incorporate investment and capital decisions by firms. In the theoretical part the subgame-perfect Nash equilibrium and its comparative statics for wages, capital stock and employment are characterized in various cases.
- ISBN
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951-686-266-7
- Language
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Englisch
- Bibliographic citation
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Series: Bank of Finland Discussion Papers ; No. 24/1990
- Classification
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Wirtschaft
- Event
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Geistige Schöpfung
- (who)
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Holm, Pasi
Honkapohja, Seppo
Koskela, Erkki
- Event
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Veröffentlichung
- (who)
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Bank of Finland
- (where)
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Helsinki
- (when)
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1990
- Handle
- Last update
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10.03.2025, 11:45 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Holm, Pasi
- Honkapohja, Seppo
- Koskela, Erkki
- Bank of Finland
Time of origin
- 1990
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