Bargaining power, mark-up power, and wage differentials in Brazil
研究了巴西工资和价格形成中集体谈判与租金分享的作用，解释了工资过度指数化及工会议价能力与企业加成定价能力正相关这两个通胀特征。
This paper looks at institutions and economic structures affecting the formation of wages and prices in Brazil. In particular, the author examines the role of collective bargaining and rent-sharing between firms and workers. These are important elements in explaining two characteristics of the recent inflationary experience in Brazil, namely, the overindexation of wages with respect to past inflation and the positive correlation between the bargaining power of unions and mark-up power of firms. Copyright 1994 by Oxford University Press.