Unions, oligopoly and the natural range of employment
作者： Huw Dixon
DOI: 10.2307/2233723
关键词: Labour economics 、 Economics 、 Fiscal policy 、 Product market 、 Government 、 Natural range 、 Oligopoly 、 Balance (accounting) 、 Special case 、 Wage
摘要: A simple two-sector, general-equilibrium macromodel is presented wi th oligopolistic price determination in the product market and a unionized labor market. In first stage, unions set nominal wage, second firms choose outputs given wages. By altering balance of fiscal policy between two sectors, government can achieve continuum aggregate employment levels-the natural range employment. unique rate will occur only i f one requires to be same both sectors. This indicates that property some single or representative sect macromodels special case.
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