We offer a unified framework to analyze the determination of employment, employee effort, wages, profit-sharing and … offset the negative dilution effect in equilibrium. Leverage is shown to decrease employment and to have a strategic … commitment value as a wage-moderating effect for firms facing unions in bilateral wage negotiations. Finally, some implications …

the private sector from entering into certain kinds of labor contracts. Federal labor law mandates that unions represent …

negotiations. Wage and employment decisions are assumed to be made before business conditions are known; thus these decisions … effectiveness of various government policies on production, employment, and pricing. Hysteresis is shown to be a special case in a …

to unions has played, together with relatively weak labor law. In order to fully flesh out the experience of the United …

We offer a unified framework to analyse the determination of employment, employee effort, wages, profit-sharing and … dilution effect in equilibrium. Leverage is shown to decrease employment and to have a strategic commitment value as a wage …-moderating effect for firms facing unions in bilateral wage negotiations. Finally some implications for equilibrium unemployment are …

pay gap. Among them are skill supply and demand, unions, and minimum wages, which influence the economywide wage returns …

unions. The problem is relevant to scholars and the labor movement, requiring a deeper understanding of union membership … primarily perceived cause of declining union membership, (b) unions should be more effective in collective bargaining, and (c …