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For a number of OECD countries, the deterioration of labour market outcomes for less-skilled workers since the early 1980's has coincided with a steady decline in union membership. Globalisation is commonly believed to have contributed to both developments. However, recent studies fail to find...
Persistent link: https://www.econbiz.de/10012734719
We analyze the economic and financial impact of right-to-work (RTW) laws in the US. Using data from collective bargaining agreements, we show that there is a decrease in wages for unionized workers after RTW laws. Firms increase investment and employment but reduce financial leverage....
Persistent link: https://www.econbiz.de/10012900405
Do unions promote creative destruction? In this paper we apply a shift-share approach and historical unionisation data from 1918 to study the impact of changes in regional unionisation on regional wage and productivity growth and job creation and destruction during the period 2003-2012. As local...
Persistent link: https://www.econbiz.de/10012908876
unionization. The wage effect is larger in more productive firms, consistent with rent-sharing models …
Persistent link: https://www.econbiz.de/10012943707
Spatial variance in union membership has been attributed to the favourable attitudes that persist in areas with an historical legacy of trade unionism. Within the UK, villages and towns located in areas once dominated coalmining remain among the strongest and durable bases for the trade union...
Persistent link: https://www.econbiz.de/10012824999
Using a large employer-employee dataset, we provide new evidence on the relationship between the gender pay gap and industrial relations from within German workplaces. Controlling for unobserved workplace heterogeneity, we find no evidence that introducing or abandoning collective agreements or...
Persistent link: https://www.econbiz.de/10012826232
Arguments that worker unionization leads to changes in productivity, employment, or business survival find little … support in the literature. While unionization may have limited impact in good states, unionized workers are entitled to … decades and employ a regression discontinuity design to identify the effect of worker unionization on bondholders' wealth …
Persistent link: https://www.econbiz.de/10013003936
What type of businesses attract unions? A theory of union learning and organizing is developed to provide an answer to this question. A union monitors establishments in an industry to learn about their productivity and decides which ones to organize. An establishment becomes unionized if the...
Persistent link: https://www.econbiz.de/10013006702
What is the effect of unionization on corporate financial policies? The average unionized firm responds with lower cash … and higher leverage to a unionization election than the average firm escaping unionization. However, using a regression … discontinuity design I find that the causal effect of unionization is close to zero on average, but heterogeneous across firms. For …
Persistent link: https://www.econbiz.de/10013007565
What type of businesses do unions target for organizing? A dynamic model of the union organizing process is constructed to answer this question. A union monitors establishments in an industry to learn about their productivity and decides which ones to organize and when. An establishment becomes...
Persistent link: https://www.econbiz.de/10013047857