costs influence insider wages and outsiders? opportunities and how these costs affect employment and unemployment. We also … shocks. The second section deals with the insider-outsider theory in relation to two important economic institutions: unions …

costs influence insider wages and outsiders’ opportunities and how these costs affect employment and unemployment. We also … shocks. The second section deals with the insider-outsider theory in relation to two important economic institutions: unions …

The paper estimates how wages respond to changes in regional unemployment using detailed Swedish micro data. The study … is set in an economy with close to complete union coverage where real wages have grown continuously in all parts of the … estimated elasticity of wages. Wage adjustments are larger for employees with high unemployment risk and for new hires entering …

This paper combines two of the most central features of modern labor markets —immigrants and unions — to examine the … firms and the careers of incumbent workers. First, unions push immigrants to enter lower-paying and lower-quality firms with …

return performance. Moreover, the union's ability and incentive to use pension assets to promote union goals will vary with … the design of the pension. Using panel data on over 36,000 pension plans drawn from IRS Form 5500 filings, we empirically … estimate the effects of unions on risk adjusted returns and find that the union effect on performance varies in ways that are …

return performance. Moreover, the union's ability and incentive to use pension assets to promote union goals will vary with … the design of the pension. Using panel data on over 36,000 pension plans drawn from IRS Form 5500 filings, we empirically … estimate the effects of unions on risk adjusted returns and find that the union effect on performance varies in ways that are …

from confounded product-market concentration. Analysis extends beyond wages to rates of employment-based health insurance …

to the conventional view that labor costs are procyclical. Using BLS establishment-job data, we find that even real wages …, the main focus of prior literature, have become countercyclical. Benefit expenditures are less rigid than nominal wages …

wages. This paper also contributes to the wider literature by providing the first estimates of the longitudinal gain (loss …) associated with joining (leaving) a union with respect to non-wage benefits. The findings show joining (leaving) a union … increases (decreases) the probability of being in receipt of legally guaranteed benefits such as bonuses and paid holidays. This …

Using a common methodology, the effects of unions on wage levels and wage dispersion are estimated for two neighboring … countries, Bolivia and Chile, and for the U.S. The analysis shows that unions have broadly similar effects on the wage … distribution within these three economies. The findings suggest that the political economy of unions, coupled with market …