Beissinger, Thomas; Baudy, Philipp - Institute for the Study of Labor (IZA) - 2015
better theoretical understanding of the effects of temporary agency work on the wage-setting process, trade unions' rents …, firms' profits and employment. It is shown that trade unions may find it optimal to accept lower wages to prevent firms from … highest possible wage-setting power to the unions, the economic rents of trade unions decline because of the firms' option to …