Wage Fixing
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资源简介：
We model and analyze employer cartels that fix wages by committing to a wage ceiling. The setting is a frictional labor market with large employers that compete for workers via posted wages. Wage fixing reduces competition both inside and outside the cartel, leading to market-wide wage depression.
提供机构：
美国国家经济研究局创建时间：
2025-02-01
