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- W1488290428 abstract "In this paper, we analyse the wage setting of a democratic labour union. The union members differ with respect to their employment probabilities. The union wage only changes if the parameters of the median member change. An exogenous shock to revenue may increase the wage, even if labour demand is iso-elastic and unemployment benefits may have only a small effect on wages if the median member differs from the average. These findings are in accordance with empirical results." @default.
- W1488290428 created "2016-06-24" @default.
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- W1488290428 date "1999-01-01" @default.
- W1488290428 modified "2023-09-27" @default.
- W1488290428 title "Wage Setting in Democratic Labour Unions" @default.
- W1488290428 hasPublicationYear "1999" @default.
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