workers are unionized and their wages depend on relative union bargaining power. If this power is high enough, then there is …

. This paper proposes a simple theory of skill-biased change in entrepreneurial technology that fits with cross …. Because wages rise for all workers, low-productivity entrepreneurs will then at some point exit and become workers. As a …

In oligopsonistic labour markets, firms have some market power, and a wedge is created between wages and marginal … different institutions can affect this inefficiency. Industry-level minimum wages can remove the training inefficiency and … of training intensity. Second, firmspecific unions, through raising relative wages and reducing turnover, can increase …

One of the predictions of the insider-outsider theory is that wages will be higher in sectors (firms) with high labor … power tend to pay higher wages. In particular, we found that the threat of dismissal acts to weaken insiders' bargaining … power and, consequently, to restrain their wage claims. Moreover, the results also showed that real wages in Portugal are …

the labor market. Its impact on employment, wages and wealth depends crucially on the design of immigration policy …