메뉴 건너뛰기




Volumn 40, Issue 2, 1996, Pages 429-448

A dynamic contracting model for wages and employment in three European economies

Author keywords

Adjustment costs; Efficient bargaining; GMM; Habit formation

Indexed keywords

ADJUSTMENT COSTS; EFFICIENT BARGAINING; HABIT FORMATION; MODELLING APPROACH; WAGE DETERMINATION;

EID: 0030463555     PISSN: 00142921     EISSN: None     Source Type: Journal    
DOI: 10.1016/0014-2921(95)00026-7     Document Type: Article
Times cited : (15)

References (32)
  • 1
    • 0025944032 scopus 로고
    • Tests of alternative wage employment bargaining models with an application to the U.K. aggregate labour market
    • Alogoskoufis, G. and A. Manning, 1991, Tests of alternative wage employment bargaining models with an application to the U.K. aggregate labour market, European Economic Review 35, 23-37.
    • (1991) European Economic Review , vol.35 , pp. 23-37
    • Alogoskoufis, G.1    Manning, A.2
  • 2
    • 0024157332 scopus 로고
    • Employment in British coal industry: A test of the labour market demand model
    • Bean, C. and P. Turnbull, 1988, Employment in British coal industry: A test of the labour market demand model, Economic Journal 98, 1092-1104.
    • (1988) Economic Journal , vol.98 , pp. 1092-1104
    • Bean, C.1    Turnbull, P.2
  • 3
    • 0011417146 scopus 로고
    • Rational demand and expenditures patterns under habit formation
    • Boyer, M., 1983, Rational demand and expenditures patterns under habit formation, Journal of Economic Theory 31, 27-53.
    • (1983) Journal of Economic Theory , vol.31 , pp. 27-53
    • Boyer, M.1
  • 4
  • 5
    • 0001757241 scopus 로고
    • Efficient contracts with costly adjustment: Short-run employment determination for airline mechanics
    • Card, D., 1986, Efficient contracts with costly adjustment: Short-run employment determination for airline mechanics, American Economic Review 76, 1045-1071.
    • (1986) American Economic Review , vol.76 , pp. 1045-1071
    • Card, D.1
  • 6
    • 0041667514 scopus 로고
    • Underemployment of production factors in a forward-looking model
    • de la Croix, D. and J.-F. Fagnart, 1995, Underemployment of production factors in a forward-looking model, Labour Economics 58, 109-130.
    • (1995) Labour Economics , vol.58 , pp. 109-130
    • De La Croix, D.1    Fagnart, J.-F.2
  • 8
    • 0002703348 scopus 로고
    • A dynamic bargaining model in a unionized firm with irreversible investment
    • Eberwein, C. and T. Kollintzas, 1995, A dynamic bargaining model in a unionized firm with irreversible investment, Annales d'Economie et de Statistique 37/38, 91-116.
    • (1995) Annales d'Economie et de Statistique , vol.37-38 , pp. 91-116
    • Eberwein, C.1    Kollintzas, T.2
  • 9
    • 0001293463 scopus 로고
    • Efficient wage bargaining as a repeated game
    • Espinoza, P. and C. Rhee, 1989, Efficient wage bargaining as a repeated game, Quarterly Journal of Economics 104, 565-588.
    • (1989) Quarterly Journal of Economics , vol.104 , pp. 565-588
    • Espinoza, P.1    Rhee, C.2
  • 11
    • 84981653421 scopus 로고
    • On the causes of hysteresis in long-term unemployment in the Netherlands
    • Graafland, J., 1991, On the causes of hysteresis in long-term unemployment in the Netherlands, Oxford Bulletin of Economics and Statistics 53, 155-170.
    • (1991) Oxford Bulletin of Economics and Statistics , vol.53 , pp. 155-170
    • Graafland, J.1
  • 12
    • 0041132355 scopus 로고
    • Spatial and temporal aggregation in the dynamics of labour demand
    • J. van Ours, G. Pfann and G. Ridder, eds., North-Holland, Amsterdam
    • Hamermesh, D., 1993, Spatial and temporal aggregation in the dynamics of labour demand, in: J. van Ours, G. Pfann and G. Ridder, eds., Labor demand and equilibrium wage formation (North-Holland, Amsterdam).
    • (1993) Labor Demand and Equilibrium Wage Formation
    • Hamermesh, D.1
  • 13
    • 0000414660 scopus 로고
    • Large sample properties of generalized method of moments estimation
    • Hansen, L., 1982, Large sample properties of generalized method of moments estimation, Econometrica 50, 1029-1054.
    • (1982) Econometrica , vol.50 , pp. 1029-1054
    • Hansen, L.1
  • 15
    • 0002987593 scopus 로고
    • The pure theory of the guaranteed annual wage contract
    • Leontief, W., 1946. The pure theory of the guaranteed annual wage contract, Journal of Political Economy 54, 76-79.
    • (1946) Journal of Political Economy , vol.54 , pp. 76-79
    • Leontief, W.1
  • 17
    • 0006197976 scopus 로고
    • Dynamic wage-employment bargaining with employment adjustment costs
    • Lockwood, B. and A. Manning, 1989, Dynamic wage-employment bargaining with employment adjustment costs, Economic Journal 99, 1143-1158.
    • (1989) Economic Journal , vol.99 , pp. 1143-1158
    • Lockwood, B.1    Manning, A.2
  • 18
    • 0005680865 scopus 로고
    • Dynamic models of employment based on firm-level panel data
    • J. van Ours, G. Pfann and G. Ridder, eds., North-Holland, Amsterdam
    • Machin, S., A. Manning and C. Meghir, 1993, Dynamic models of employment based on firm-level panel data, in: J. van Ours, G. Pfann and G. Ridder, eds., Labor demand and equilibrium wage formation (North-Holland, Amsterdam).
    • (1993) Labor Demand and Equilibrium Wage Formation
    • Machin, S.1    Manning, A.2    Meghir, C.3
  • 19
    • 84936527286 scopus 로고
    • Testing between competing models of wage and employment determination in unionized markets
    • MaCurdy, T. and J. Pencavel, 1986, Testing between competing models of wage and employment determination in unionized markets, Journal of Political Economy 94, 3-40.
    • (1986) Journal of Political Economy , vol.94 , pp. 3-40
    • Macurdy, T.1    Pencavel, J.2
  • 21
    • 0043170505 scopus 로고
    • Belgian unemployment: The story of a small open economy caught in a worldwide recession
    • J. Drèze et al., eds., MIT Press, Cambridge, MA
    • Mehta, F. and H. Sneessens, 1990, Belgian unemployment: The story of a small open economy caught in a worldwide recession in: J. Drèze et al., eds., Europe's unemployment problem (MIT Press, Cambridge, MA).
    • (1990) Europe's Unemployment Problem
    • Mehta, F.1    Sneessens, H.2
  • 22
    • 0000706085 scopus 로고
    • A simple positive semi-definite heteroscedasticity and autocorrelation consistent covariance matrix
    • Newey, W. and K. West, 1987, A simple positive semi-definite heteroscedasticity and autocorrelation consistent covariance matrix, Econometrica 55, 703-708.
    • (1987) Econometrica , vol.55 , pp. 703-708
    • Newey, W.1    West, K.2
  • 23
    • 17844393803 scopus 로고
    • Employment Determination of British industry: Investigations using micro data
    • Nickell, S. and S. Wadhwani, 1991, Employment Determination of British industry: Investigations using micro data, Review of Economic Studies 58, 955-969.
    • (1991) Review of Economic Studies , vol.58 , pp. 955-969
    • Nickell, S.1    Wadhwani, S.2
  • 24
    • 0043170504 scopus 로고
    • Testing between competing models of real business cycles
    • Osano, H. and T. Inoue, 1991, Testing between competing models of real business cycles, International Economic Review 32, 669-688.
    • (1991) International Economic Review , vol.32 , pp. 669-688
    • Osano, H.1    Inoue, T.2
  • 25
    • 0000637194 scopus 로고
    • Myopic and forward looking behavior in a dynamic demand system
    • Pashardes, P., 1986, Myopic and forward looking behavior in a dynamic demand system, International Economic Review 27, 387-397.
    • (1986) International Economic Review , vol.27 , pp. 387-397
    • Pashardes, P.1
  • 27
    • 84960563918 scopus 로고
    • Asymmetric adjustment costs in non-linear labour demand models for the Netherlands and UK manufacturing sectors
    • Pfann, G. and F. Palm, 1993, Asymmetric adjustment costs in non-linear labour demand models for the Netherlands and UK manufacturing sectors, Review of Economic Studies 60, 397-412.
    • (1993) Review of Economic Studies , vol.60 , pp. 397-412
    • Pfann, G.1    Palm, F.2
  • 28
    • 0000308535 scopus 로고
    • Time series regression with a unit root
    • Phillips, P.C.B., 1987, Time series regression with a unit root, Econometrica 55, 277-301.
    • (1987) Econometrica , vol.55 , pp. 277-301
    • Phillips, P.C.B.1
  • 29
    • 0000784320 scopus 로고
    • Asymptotic properties of residual based tests for cointegration
    • Phillips, P.C.B. and S. Ouliaris, 1990, Asymptotic properties of residual based tests for cointegration, Econometrica 58, 165-193.
    • (1990) Econometrica , vol.58 , pp. 165-193
    • Phillips, P.C.B.1    Ouliaris, S.2
  • 30
    • 84960606812 scopus 로고
    • Dynamic demand for capital and labour
    • Shapiro, M., 1986, Dynamic demand for capital and labour, Quarterly Journal of Economics 101, 513-542.
    • (1986) Quarterly Journal of Economics , vol.101 , pp. 513-542
    • Shapiro, M.1
  • 31
    • 38249026570 scopus 로고
    • Monopoly union versus efficient bargaining: A repeated game approach
    • Strand, J., 1989, Monopoly union versus efficient bargaining: A repeated game approach, European Journal of Political Economy 5, 473-486.
    • (1989) European Journal of Political Economy , vol.5 , pp. 473-486
    • Strand, J.1
  • 32
    • 84959776155 scopus 로고
    • Staggered price setting in a macro model
    • Taylor, J., 1979, Staggered price setting in a macro model, American Economic Review 69, 108-113.
    • (1979) American Economic Review , vol.69 , pp. 108-113
    • Taylor, J.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.