Social Sciences
4 years ago

Unions' Bargaining Power Shapes Local Wages, Impacting Workers' Livelihoods

RePEc: Research Papers in Economics
Bargaining Power and Local Labour Market Influences on Wage Determination
Jennifer C. Smith

Paper Summary

The article explores how the power dynamics between companies and unions affect how wages are set. By looking at data from different bargaining groups, the researchers found that the bargaining power of firms and unions plays a significant role in determining wages.

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