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This paper provides an empirical analysis on the determination of wages at the sectoral level in main industrial economies. Nominal wages are bargained between labour unions and employers in imperfect competitive markets, where spillovers across sectors might occur. Using a principal component...
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financial products through a comparison of six jurisdictions: the European Union, Australia, Hong Kong, Singapore, Canada and …
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financial performance in Britain and France. We find that union bargaining is detrimental to workplace performance in Britain … and that this effect is larger when unionization is endogenized. In France, union bargaining is associated with poorer … density do have a negative impact on workplace performance in France. In Britain the union effect does not rise with union …
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