A Theory of Union Power and Labor Turnover.

In this paper, we develop a theory of union bargaining power based on firm specific skills acquired by the insider workforce. We show that unions increase the bargaining power of insiders only in states of the world in which the firm would like to retain insiders but not hire outsiders.

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Year of publication:	1996
Authors:	Kuhn, K.U. ; Padilla, A.J.
Institutions:	Centro de Estudios Monetarios y Financieros (CEMFI)
Subject:	LABOUR MARKET \| TRADE UNIONS \| WAGES

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Series:	Centro de Estudios Monetarios Y Financieros-.
Type of publication:	Book / Working Paper
Notes:	42 pages
Classification:	J30 - Wages, Compensation, and Labor Costs. General ; J41 - Contracts: Specific Human Capital, Matching Models, Efficiency Wage Models, and Internal Labor Markets ; J51 - Trade Unions: Objectives Structure, and Effects
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005776178