A Theory of Union Power and Labor Turnover
In this paper, we develop a theory of union bargaining power based on firm specific skills acquired by the insider workforce. We show that unions increase the bargaining power of insiders only in states of the world in which the firm would like to retain insiders but not hire outsiders.
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|Date of creation:||1996|
|Date of revision:|
|Contact details of provider:|| Postal: Centro de Estudios Monetarios Y Financieros. Casado del Alisal, 5-28014 Madrid, Spain.|
Web page: http://www.cemfi.es/
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