Collective Bargaining Structure, Wage Levels and the Functional Distribution of Income
This paper presents evidence on the impact of trade unions on wageshare under different collective bargaining arrangements, using a Kaleckian degree og monopoly framework. Comparable results are presented for union impact on wage levels and from these inferences are drawn about how the impact on wageshare is broken down into wage and productivity effects. It is found that unions make most distributional gains where bargaining is on a two-tier level, allowing unions flexibility to push down the degree of monopoly yet preserving national solidarity.
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