Wage Setting in Sweden: An Empirical Test of a Barebones Union Model
作者:
Anders Forslund,
期刊:
LABOUR
(WILEY Available online 1994)
卷期:
Volume 8,
issue 1
页码: 79-98
ISSN:1121-7081
年代: 1994
DOI:10.1111/j.1467-9914.1994.tb00218.x
出版商: Blackwell Publishing Ltd
数据来源: WILEY
摘要:
ABSTRACTIn this paper a simple monopoly union model for the Swedish economy is presented and estimated. Interest is focused on the union's objectives. The results indicate that two popular representations of union objectives — wage bill and rent maximisation — are rejected by the data. Instead, preferences are highly concave in the wage rate, with an estimated degree of relative risk aversion well above unity evaluated at sample me
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