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The Limited Influence of Unemployment on the Wage Bargain

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NBER2005-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w11245
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When a job-seeker and an employer meet, find a prospective surplus, and bargain over the wage, conditions in the outside labor market, including especially unemployment, may be irrelevant. The job-seeker's threat point in the bargain is to delay bargaining, not to terminate bargaining and resume
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2005-04-01
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