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By analyzing the implications of three variants of collective Bargaining - efficient Bargaining in a uniform and a segmented labor market and "right-to-manage" Wage Bargaining - it identifies the quantity of money, price expectations, union power, and union size as the determinants of temporary equilibria..
By analyzing the implications of three variants of collective Bargaining - efficient Bargaining in a uniform and a segmented labor market and "right-to-manage" Wage Bargaining - it identifies the quantity of money, price expectations, union power, and union size as the determinants of temporary equilibria.
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