Burda, Michael C.; Fitzenberger, Bernd; Lembcke, Alexander - Sonderforschungsbereich Ökonomisches Risiko <Berlin> - 2008
This paper establishes theoretical and empirical linkages between union wage setting and the structure of the wage distribution. Theoretically, we identify conditions under which a right-to-manage model implies compression of the wage distribution in the union sector relative to the nonunion...