process) in order to gain market power in unionized markets. We show that union power coupled with the nature of the union …

monopoly power in the economy. The pro-union provisions of the Clayton Act of 1914 contributed to the slide in asset prices and … the depression of 1920-21, while a series of tough anti-union Supreme Court decisions in late 1921 and 1922 coupled with …

34 recent studies have investigated the effect of currency union on trade, resulting in 754 point estimates of the … disparate estimates. The chief findings are that: a) the hypothesis that there is no effect of currency union on trade can be … rejected at standard significance levels; b) the combined estimate implies that a bilateral currency union increases trade by …

Does leaving a currency union reduce international trade? We answer this question using a large annual panel data set … covering over 230 countries from 1948-97. During this sample over one hundred pairs of countries had currency union …

same currency. I find a large positive effect of a currency union on international trade, and a small negative effect of …

This paper gives a historical dimension to the impact of trade unions on earnings by estimating the union wage effect … of union status are also investigated in terms of profit estimation using individual characteristics which may be … correlated with union membership. The results of this first stage are used in the computation of selectivity-corrected estimates …