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The Limited Influence of Unemployment on the Wage Bargain
Limited Influence Unemployment Wage Bargain
2015/7/21
When a job-seeker and an employer meet, find a prospective joint surplus, and bargain over the wage, conditions in the outside labor market, including especially unemployment, may have limited influen...
So begins Maryanne L. Wegerbauer (2000, 3), in a book offering advice to job-seekers about dealing with a prospective employer. If terms are determined by negotiation after a match has been identified...