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Syncronized or Staggered Wage Bargaining

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  • Bárcena Ruiz, Juan Carlos
  • Campo Corredera, María Luz

Abstract

[EN] This paper analyzes the timing of wage bargaining in a unionized market, assuming that workers are organized in independent unions. In equilibrium, when unions decide the timing of the negotiations, we obtain a staggered wage setting. When firms decide the timing of the negotiations, we obtain a synchonized wage setting. In general, the result also holds when workers are organized in an industry union.

Suggested Citation

  • Bárcena Ruiz, Juan Carlos & Campo Corredera, María Luz, 1999. "Syncronized or Staggered Wage Bargaining," BILTOKI 1134-8984, Universidad del País Vasco - Departamento de Economía Aplicada III (Econometría y Estadística).
  • Handle: RePEc:ehu:biltok:5907
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    Keywords

    wage bargaining; bargaining structure;

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