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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/20255Full metadata record
| DC Field | Value | Language |
|---|---|---|
| dc.creator | Koskela, Erkki | - |
| dc.creator | Stenbacka, Rune | - |
| dc.date | 2004 | - |
| dc.date.accessioned | 2013-10-16T07:09:36Z | - |
| dc.date.available | 2013-10-16T07:09:36Z | - |
| dc.date.issued | 2013-10-16 | - |
| dc.identifier | http://hdl.handle.net/10419/20255 | - |
| dc.identifier | ppn:378963260 | - |
| dc.identifier.uri | http://koha.mediu.edu.my:8181/xmlui/handle/10419/20255 | - |
| dc.description | We investigate the interaction between labour and credit market imperfections for equilibrium unemployment in the presence of profit sharing. In a partial equilibrium with exogenous outside options increased bargaining power of banks has adverse employment effects. In a general equilibrium with endogenous outside options this relationship is frequently reversed; reduced credit market imperfections increase equilibrium unemployment if the labour market imperfections – measured by the bargaining power of trade unions - are sufficiently strong and benefit-replacement ratio high enough. Finally, we show that higher bankruptcy risks increase equilibrium unemployment under similar conditions. | - |
| dc.language | eng | - |
| dc.publisher | - | |
| dc.relation | IZA Discussion paper series 1020 | - |
| dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | - |
| dc.subject | G32 | - |
| dc.subject | J41 | - |
| dc.subject | J51 | - |
| dc.subject | ddc:330 | - |
| dc.subject | wage and loan bargaining | - |
| dc.subject | compensation systems | - |
| dc.subject | equilibrium unemployment | - |
| dc.subject | outside options | - |
| dc.subject | Theorie der Arbeitslosigkeit | - |
| dc.subject | Gleichgewicht | - |
| dc.subject | Tarifliche Gewinnbeteiligung | - |
| dc.subject | Kreditmarkt | - |
| dc.subject | Unvollkommener Markt | - |
| dc.subject | Lohnverhandlungstheorie | - |
| dc.subject | Theorie | - |
| dc.title | Profit Sharing, Credit Market Imperfections and Equilibrium Unemployment | - |
| dc.type | doc-type:workingPaper | - |
| Appears in Collections: | EconStor | |
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