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
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