| ID | 364334 |
| Title Proper | Strike threats and the choice of production technique |
| Other Title Information | Memorandum from Institute of Economics, University of Oslo. No. 25, 11 November 1983 |
| Language | ENG |
| Author | Moene, Karl Ove |
| Summary / Abstract (Note) | The paper addresses how future strike threats affect the optimal choice of technique when the latter is part of a 'putty-clay' investment decision. The conclusion is that strike proneness are found in support of this result. The possibility of strikes means that capital equipment may be unused during some future periods making labor intensie techniques more profitable. |
| `In' analytical Note | In Hersoug, Tor: Wage and Price inflation in a two-sector unionized economy. [Memorandum from Institute of Economics, University of Oslo. No. 7, 6 May 1983 ] Oslo. Institute of Economics, University of Oslo, 1983. |
| Key Words | Strike and wages ; Theory of wages |