Recent research on the functioning of labour markets has placed great emphasis on the role of job turnover. Turnover rates have important implications for wage determination, work organisation, career prospects and various other aspects of the employment relationship. A topic which has not...

Existing research concerning the impact of unions on relative wages provides evidence for the existence of significant union/non‐union wage differentials. However, union practices are deemed to have a more pervasive effect on the overall distribution of wages, reducing wage differentials...