Wage negotiations: From microeconomic foundations to macroeconomic issues.

Authors Publication date
2018
Publication type
book
Summary This digital edition was made from a physical medium, sometimes old, kept in the legal deposit of the National Library of France, in accordance with Law No. 2012-287 of March 1, 2012 on the exploitation of unavailable Books of the twentieth century. In all developed countries, collective bargaining has an essential influence on wages. Until recently, economic theory, trapped in the assumption of perfect competition, neglected this fundamental feature of contemporary economies. However, since the beginning of the 1980s, a great deal of work has been devoted to analyzing negotiations and their economic consequences. This book presents a critical review of this work and proposes a set of original analyses that aim to fill some of the gaps in wage bargaining theory. In particular, it shows that the theory of wage bargaining can contribute to the elaboration of the microeconomic foundations of a Keynesian macroeconomy, thanks to the use of the theory of non-cooperative games.
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