The consequences of trade union power erosion
John Addison
IZA World of Labor, 2020, No 68v2, 68
Abstract:
The micro- and macroeconomic effects of the declining power of trade unions have been hotly debated by economists and policymakers, although the empirical evidence does little to suggest that the impact of union decline on economic aggregates and firm performance is an overwhelming cause for concern. That said, the association of declining union power with rising earnings inequality and the loss of an important source of dialogue between workers and their firms have proven more worrisome if no less contentious. Causality issues dog the former association and while the diminution in representative voice seems indisputable any depiction of the non-union workplace as an authoritarian “bleak house” is more caricature than reality.
Keywords: union density/coverage; bargaining structure; coordination; macro/micro performance; redistribution; voice (search for similar items in EconPapers)
JEL-codes: J30 J38 J41 J51 J53 J58 (search for similar items in EconPapers)
Date: 2020
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Journal Article: The consequences of trade union power erosion (2014) 
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