The temporal dimension of wage contracts in oligopoly with spillovers
This paper examines how the duration of wage contracts influences innovation incentives, wages and employment. We find that wages are non-monotone in the duration of wage contracts. Furthermore, a positive and one-to-one relation between innovation and union utility exists and both attain their high...
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| Format: | Default Preprint |
| Published: |
2007
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| Online Access: | https://hdl.handle.net/2134/2742 |
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