TY  - RPRT
        AU  - Dobbelaere, Sabien
AU  - Luttens, Roland Iwan
        TI  - Gradual Collective Wage Bargaining
        PY  - 2016/Jan/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 9691
        UR  - https://www.iza.org/index.php/publications/dp9691
        AB  - This paper presents an alternative implementation of firm-level collective wage bargaining, where bargaining proceeds as a finite sequence of sessions between a firm and a union of variable size. We investigate the impact of such a 'gradual' union on the wage-employment contract in an economy with concave production. In a static framework, the resulting equilibrium is equivalent to the efficient bargaining outcome. In a dynamic framework with search frictions, we demonstrate that gradual collective wage bargaining coincides with all-or-nothing bargaining when bargaining takes place in fictitious time before production.
        KW  - firm
KW  - gradual union
KW  - collective bargaining
KW  - search frictions
KW  - employment-at-will
        ER  -