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.
Download Info
To our knowledge, this item is not available for
download. To find whether it is available, there are three
options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page
whether it is in fact available.
3. Perform a search for a similarly titled item that would be
available.
Publisher Info
Paper provided by Centre for Labour Market and Social Research, Danmark- in its series Papers with number
99-08.
Length: 15 pages Date of creation: 1999 Date of revision: Handle: RePEc:fth:clmsre:99-08
Contact details of provider: Postal: Danmark; Centre for Labour Market and Social Research. Science Park Aarhus Wieds Vej 10C, 8000 Aarhus C, Danmark Phone: +45 8942 2350 Fax: +45 8942 2365 Email: Web page: http://www.cls.dk/ More information through EDIRC
For technical questions regarding this item, or to correct its listing, contact: (Thomas Krichel).