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The Rise and Fall of Unions in the U.S. / Emin M. Dinlersoz, Jeremy Greenwood.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Dinlersoz, Emin M.
Contributor:
National Bureau of Economic Research.
Greenwood, Jeremy.
Series:
Working Paper Series (National Bureau of Economic Research) no. w18079.
NBER working paper series no. w18079
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2012.
Summary:
Union membership displayed a ∩-shaped pattern over the 20th century, while the distribution of income sketched a ∪. A model of unions is developed to analyze these phenomena. There is a distribution of firms in the economy. Firms hire capital, plus skilled and unskilled labor. Unionization is a costly process. A union decides how many firms to organize and its members' wage rate. Simulation of the developed model establishes that skilled-biased technological change, which affects the productivity of skilled labor relative to unskilled labor, can potentially explain the above facts. Statistical analysis suggests that skill-biased technological change is an important factor in de-unionization.
Notes:
Print version record
May 2012.

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