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Union Bargaining in Economies with Constant Returns to Scale
Author(s) -
Cardona Daniel,
SánchezLosada Fernando
Publication year - 2011
Publication title -
labour
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.403
H-Index - 34
eISSN - 1467-9914
pISSN - 1121-7081
DOI - 10.1111/j.1467-9914.2011.00520.x
Subject(s) - returns to scale , constant (computer programming) , economics , scale (ratio) , persistence (discontinuity) , economies of scale , microeconomics , production (economics) , physics , geology , computer science , geotechnical engineering , quantum mechanics , programming language
Although the presence of unions is hard to justify when considering steady‐state relationships in an economy with constant returns to scale and constant savings rate, transitions might explain its creation and persistence.