unions to affect nonunion wages both through the typically discussed channel of nonunion firms emulating union wages in order … union jobs as part of their outside option. We specify these channels in a search and bargaining model that includes union … indicate an important role played by union wage spillovers in lowering wages over the 1980-2010 period. We find de …

monetary union (MU) will (negatively) affect unemployment in all member countries by fundamentally changing the nature of …