出版社:Suntory Toyota International Centres for Economics and Related Disciplines
摘要:In this paper, we build and structurally estimate a complete information bargainingmodel of collective negotiation for Spain. For large firms, the assumption of completeinformation seems a sensible one, and it matches the collective bargainingenvironment better than the one provided by private information models. Thespecification of the model with players having different discount factors allows us tomeasure their relative bargaining power, a recurrent question in the theory ofbargaining. We find that both entrepreneurs and workers have high discount factors,and no evidence that entrepreneurs have bigger bargaining power, as usuallyassumed