A number of Studies have found that unions lower profits, but controversy continues over whether the union impact is or is not greater in more concentrated markets or when firms have greater market shares. The empirical controversy is linked to two major underlying issues: whether unions distort...

Changes in real wages, or wages adjusted for the cost of living, are the most direct route through which labour productivity affects living standards. Yet labour productivity in the United States increased by 80 per cent between 1973 and 2011, while median real hourly wages remained virtually...

To mitigate rising unemployment, asks this economist, why not spend money on repairing schools, bridges, and roads? It would create jobs and boost productivity as well. Here are his remarks before a congressional committee.

The debate over the extent and causes of rising inequality of American incomes and wages has now raged for at least two decades. In this paper, we will make four arguments. First, the increase in the incomes and wages of the top 1 percent over the last three decades should be interpreted as...

<DIV><DIV><I>Emerging Labor Market Institutions for the Twenty-First Century</I> provides the first in-depth assessment of how effectively labor market institutions are responding to the decline of private sector unions.<BR><BR>This important volume provides case studies of new labor market institutions and new...</i></div></div>

This paper investigates the structural determinants of variation in union power across manufacturing industries. Using a pooled sample of unionized establishments from the Expenditure on Employee Compensation Surveys of 1968-72, the author estimates wage equations augmented with measures of...

This paper examines whether the late 1990s IT-related growth has led to a corresponding growth in wage inequality. This is of interest because observers, including Alan Greenspan, have suggested that the "new economy" boom caused growing wage inequality and even job insecurity. The late 1990s...

In cases involving unionization of graduate student research and teaching assistants at private U.S. universities, the National Labor Relations Board has, at times, denied collective bargaining rights on the presumption that unionization would harm faculty-student relations and academic freedom....