I examine how globalization affects wages and welfare in a general equilibrium model of international trade with partly oligopolistic markets. Globalization is modeled as reducing trade costs or opening up shielded sectors to trade. There is a national or international common agency that...

There is a growing concern in advanced countries that the position of less skilled workers has deteriorated, either through their ability to secure jobs and/or their ability to earn a decent wage. Some have linked this decline to modern computing technologies. This paper surveys the evidence on...

Although a large body of research has examined the effects of unions on the wage distribution, surprisingly little attention has been devoted to the effects of unions on the distribution of income. This paper examines the long-run relationship between unionization and income inequality for a...

A large number of potential determinants of union membership, which often can be interpreted in terms of costs and benefits, have been incorporated into economists' traditional supply and demand framework or into new models of an individual's decision to unionise (such as social custom theory)....

There are many factors that determine growth. Author in the present paper intends to point out empirically that globalization (measured by trade) as well as entrepreneurship can be two of them having a positive impact on economic growth. Panel Data cover Western world and Japan (1999–2006)....

In the present paper it will be shown that trade unions have a positive impact on economic growth. This finding is in agreement with the works of (Tapio Palokangas, 1996; 2000; 2004; 2005); (Grieben and Şener, 2008) and it refers to the following countries: Austria, Belgium, Denmark, Finland, France,...

We study the effect of worker bargaining power on global firms' boundaries. Our theory posits that outsourcing weakens the workers' bargaining position by limiting the revenues subject to worker extraction. Furthermore, when capital is relationship-specific, outsourcing reduces the firm's...

The paper uses a bilateral trade gravity model to evaluate the effects of freedom of association and collective bargaining (FACB) rights and democracy on exports, evaluating exports by labour intensity (using several classifications of industries by labour-intensity) for the 1993 to 1999 period....

This paper studies the relationship between collective bargaining and mergers and acquisitions activity in 46 countries from the early 1990s. We find that the frequency and volume of mergers and acquisitions within industries increase in countries with powerful labor unions and high coverage of...