Wage Pressure, Bargaining and Price-Cost Margins in UK Manufacturing
研究了英国制造业中工会与雇主议价对价格成本加成的影响，发现工资租金会侵蚀加成，而工资通胀率则无显著影响。
To the extent that union-employer bargaining is efficient, price-cost margins in oligopolistic industries are predicted to depend on wage rents and on the elasticity of substitution between wages and employment in union preferences. Unanticipated wage inflation will also affect margins. Cross-section and time-series analysis of price-cost margins in U.K. manufacturing industries finds that margins tend to be eroded by the level of wage rents and are invariant to the rate of wage inflation. Copyright 1990 by Blackwell Publishing Ltd.