sloping; b) higher union bargaining power leads to higher wage and higher unemployment; c) average worker productivity shows a …

to workers. In the short run, union membership dynamics are mainly driven by changes in unemployment. In turn, changes in …

In this paper we test for the hold-up problem by considering the effect of unions’ bargaining power on the rate of … of unions and the presence of social pacts sustain cooperative equilibria and alleviate such a problem. Our results are …

integrating labour market frictions and union power in an optimal taxation framework. We find that unions and redistributive … taxation are complementary in the sense that they both create inefficiencies that weaken each other. We find that strong unions …

We consider a theoretical model in which unions not only take the outside option into account, but also base their wage …

migration-induced supply shock of medium-skilled workers decreases the low-skilled unemployment rate because of the endogenous …This paper analyses the impact of the skill composition of migration flows on the host country's labour market in a … interdependency between the two bargaining processes. Particular attention is paid to medium-skilled migration which enables us to …

generally be characterized by unemployment and inter- industry wage differentials. Both trade and capital liberalization may …

costs influence insider wages and outsiders’ opportunities and how these costs affect employment and unemployment. We also … address the more complex, and open, question of how employment and unemployment move through time, in response to labor market … shocks. The second section deals with the insider-outsider theory in relation to two important economic institutions: unions …

The paper surveys unemployment policies for advanced market economies and evaluates them by examining the predictions … of the underlying macroeconomic theories. The basic idea is that, for the most part, different unemployment policy … - on the ability of these theories to predict some salient stylized facts about unemployment behaviour. The paper considers …

We consider a theoretical model in which unions not only take the outside option into account, but also base their wage …