In this paper, we propose a new decomposition as a useful complement to traditional methods of explaining the gender pay gap and the pay gap between full-time and part-time women. We decompose average earnings into the contribution of the average starting wage for workers entering paid work from...

This paper attempts to construct a model of the economic effects of the introduction of prestrike ballots in the Employment Act (1984). It argues that strike ballots tend to reduce union influence over issues that affect different workers in different ways (like plant closures) and will do...

In this paper, the authors argue that a dynamic monopsony model, based on labor market frictions, predicts a positive relationship between wages and employer size, but also that the effect will be larger in the nonunion sector than in the union sector and larger for women than for men. They...

In a capitalist economy, capitalists can sell their stake in a firm on the stock market whereas workers cannot sell their jobs. It is argued that when workers have some bargaining power this asymmetry in property rights leads to inefficiencies. The consequences of this are explored and certain...