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Trade unions tend to reduce the dispersion of wages among their members. Skilled workers may therefore have an …
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Trade unions tend to reduce the dispersion of wages among their members. Skilled workers may therefore have an …
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This paper proposes a model of workplace-specific unions that integrates two views of what unions do. One view holds that unions mainly engage in rent extraction. Another view holds that unions mainly engage in rent creation by providing agency services that increase workplace productivity. We...
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