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Although coverage of collective bargaining agreements has been declining for decades in most countries, it is still … firms' investment in capital depends on the structure and coordination of bargaining, the preference of unions between wages …
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, using macrodata and microdata. Macrodata show that greater coverage by centralized collective bargaining institutions raises …
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Despite declining bargaining power, unions continue to generate a wage premium. Some feel collective bargaining has had … its day. Politicians on both sides of the Atlantic have recently called for the removal of bargaining rights from workers … productivity growth. If this is where the premium originates, then firms and workers benefit. Without unions bargaining …
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The micro- and macroeconomic effects of the declining power of trade unions have been hotly debated by economists and policymakers. Nevertheless, the empirical evidence shows that the impact of the decline on economic aggregates and firm performance is not an overwhelming cause for concern....
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This study examines whether a firm’s leverage can be used strategically to improve its bargaining position with an … with the highest union labor coverage has the highest leverage. We also find that collective bargaining power positively … affects leverage through the regression of leverage on the bargaining power of the labor union, regardless of the analysis …
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