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contrast to previous studies, we seek to assess the extent to which differences in wages between workers in covered and …
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bargaining power of workers, leading to lower average wages. A key insight is that employers credibly refuse to pay high wages to … individual bargaining power, such as under a collective bargaining agreement or in markets with posted wages, greater … transparency has a muted impact on average wages. We test these predictions by evaluating the roll-out of U.S. state legislation …
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