Wage Bargaining, Labor Turnover, and the Business Cycle: A Model with Asymmetric Information
收藏NBER1984-05-01 更新2025-01-04 收录
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https://www.nber.org/papers/w1359
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资源简介：
This paper presents a wage bargaining model in which the employer and employee are each uncertain about the other's reservation wage. Under specified circumstances, the model's equilibrium is shown to involve unilateral wage setting and inefficient labor turnover. In addition, aggregate demand
提供机构：
美国国家经济研究局
创建时间：
1984-05-01
