Abstract
This note demonstrates that the methodology first suggested by Katz and Murphy [Q. J. Econ. 107 (1992) 35] to measuring relative demand shifts is valid also in more complex collective wage bargaining models, provided that relative wages are determined as constant mark-ups over relative marginal products.
Original language | English |
---|---|
Journal | Economics Letters |
Volume | 83 |
Issue number | 2 |
Pages (from-to) | 245-249 |
ISSN | 0165-1765 |
DOIs | |
Publication status | Published - 2004 |
Keywords
- Relative demand shifts
- Wage bargaining
- Education