The rise and fall of unions in the United States
Emin Dinlersoz and
Jeremy Greenwood
Journal of Monetary Economics, 2016, vol. 83, issue C, 129-146
Abstract:
Union membership in the United States displayed a ∩-shaped pattern over the 20th century, while income inequality sketched a ∪. A model of unions is developed to analyze these facts. There is a distribution of productivity across firms in the economy. Firms hire capital, plus skilled and unskilled labor. Unionization is a costly process. A union chooses how many firms to organize and the union wage. Simulation of the model establishes that skill-biased technological change, which affects the productivity of skilled labor relative to unskilled labor, can potentially explain the observed paths for union membership and income inequality.
Keywords: Mass production; Computer age; Skill-biased technological change; Income inequality; Union membership (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (9)
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Related works:
Working Paper: The Rise and Fall of Unions in the United States (2016)
Working Paper: The Rise and Fall of Unions in the United States (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:moneco:v:83:y:2016:i:c:p:129-146
DOI: 10.1016/j.jmoneco.2016.08.008
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