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In this Article, we ask whether the National Labor Relations Act, enacted over 70 years ago, can remain relevant in a competitive economy where nonunion employer discretion is the dominant form of workplace governance. The best opportunity for the NLRA’s continued relevance is the modification...
Persistent link: https://www.econbiz.de/10005763834
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/10005700922