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firm. Unions, by redistributing rents towards the workers, lead to lower employment and lower pay for managers. Using a …
Persistent link: https://www.econbiz.de/10011333286
achieve first-best. Trade unions might also remedy the market failure, in two ways. First, if an industry-wide union has a … of training intensity. Second, firmspecific unions, through raising relative wages and reducing turnover, can increase …
Persistent link: https://www.econbiz.de/10011414246
workers is driven not by natives leaving unions, but by the different composition of turnover depending on the share of …
Persistent link: https://www.econbiz.de/10011595863
This paper estimates the effect of labor-market concentration on labor compensation across the U.S. private sector since 2000. We distinguish between concentration in local labor markets versus local product markets, guarding against bias from confounded product-market concentration. Analysis...
Persistent link: https://www.econbiz.de/10011972950
the role of unions in shaping labor market wage inequality. …
Persistent link: https://www.econbiz.de/10013415467
This paper combines two of the most central features of modern labor markets - immigrants and unions - to examine the … firms and the careers of incumbent workers. First, unions push immigrants to enter lower-paying and lower-quality firms with …
Persistent link: https://www.econbiz.de/10015046077