TRADE UNION BARGAINING, PRIVATIZATION AND ADJUSTMENT MEASURES

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概要

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• This paper employs a generalized Nash bargaining solution to show that in the presence of strong trade union bargaining power, the privatization of a monopoly public sector enterprise increases social welfare. Two adjustment measures to reduce the adverse employment impact of privatization--wage cut policy and a severance pay policy--are next examined. The wage cut policy is superior to the severance pay policy. However, the two policies are never simultaneously available.

• 慶應義塾大学の論文

著者

• Saha Bibhas

  Indira Gandhi Institute Of Development Research

• SEN Anindya

  Indira Gandhi Institute of Development Research

関連論文

• TRADE UNION BARGAINING, PRIVATIZATION AND ADJUSTMENT MEASURES
• NASH BARGAINING AND PERVERSE DEMAND SHIFT EFFECTS IN COURNOT OLIGOPOLY

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