Equal Pay for Unequal Work
AbstractSwedish labor unions pursue an egalitarian wage policy and have successfu lly squeezed wage differentials. The effects in the short run are a r ise in the wage of low-paid unskilled labor-as intended-and possibly also of high-paid skilled labor. But in the long-run, labor's income share falls, as does the wage of skilled labor and possibly even unsk illed labor. Some unskilled labor becomes unemployed in both the shor t and long run. Resources are shifted into the export-competing secto r and away from the import-competing sector. Copyright 1987 by The editors of the Scandinavian Journal of Economics.
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Bibliographic InfoArticle provided by Wiley Blackwell in its journal Scandinavian Journal of Economics.
Volume (Year): 89 (1987)
Issue (Month): 4 ()
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- Hibbs, Douglas A, Jr & Locking, Hakan, 2000.
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- Hibbs Jr., Douglas A., 2000. "Bread and Peace Voting in U.S. Presidential Elections," Working Papers in Economics 20, University of Gothenburg, Department of Economics.
- Lindquist, Matthew J., 2005. "The welfare costs of union wage compression," European Economic Review, Elsevier, vol. 49(3), pages 639-658, April.
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- Matthew J. Lindquist, 2005. "Capital-Skill Complementarity and Inequality in Sweden," Scandinavian Journal of Economics, Wiley Blackwell, vol. 107(4), pages 711-735, December.
- Douglas A. Hibbs, Jr. & Håkan Locking, 1995. "Solidarity Wage Policies and Industrial Productivity in Sweden," Nordic Journal of Political Economy, Nordic Journal of Political Economy, vol. 22, pages 95-108.
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