What members do unions protect? This question is relevant to an ongoing debate about union wage distribution. This …

many firms to organize and the union wage. Simulation of the model establishes that skill-biased technological change …

Market driven wage dispersion is a critical feature of income inequality. In this paper especially the Keynesian … perspective on how to explain the global trends of rising wage dispersion is elaborated. Special attention is given to the policy … implications derived from the analysis. Keynesian theory suggests that wage dispersion is a result of weaker trade union power, a …