unionized workforce. We develop a simple efficiency wage model, with a tradeoff between higher wages for workers and more … variety of data sets, we examine the implications of the model for the relationship between the employment and wages of … unionization in an industry and region and a higher union wage differential are associated with fewer managers. (2) Managers' wages …

unionized workforce. We develop a simple efficiency wage model, with a tradeoff between higher wages for workers and more … variety of data sets, we examine the implications of the model for the relationship between the employment and wages of … unionization in an industry and region and a higher union wage differential are associated with fewer managers. (2) Managers wages …

unionized workforce. We develop a simple efficiency wage model, with a tradeoff between higher wages for workers and more … variety of data sets, we examine the implications of the model for the relationship between the employment and wages of … unionization in an industry and region and a higher union wage differential are associated with fewer managers. (2) Managers wages …

, while the most able managers obtain a wage increase, less able managers are faced with a reduction in wages. Hence our model …