Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/125294 
Year of Publication: 
2014
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Article No.:] 68 [Publisher:] Institute for the Study of Labor (IZA) [Place:] Bonn [Year:] 2014
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
The micro- and macroeconomic effects of the declining power of trade unions have been hotly debated by economists and policymakers. Nevertheless, the empirical evidence shows that the impact of the decline on economic aggregates and firm performance is not an overwhelming cause for concern. However, the association of declining union power with rising earnings inequality and a loss of direct communication between workers and firms is potentially more worrisome. This in turn raises the questions of how supportive contemporary unionism is of wage solidarity, and whether the depiction of the nonunion workplace as an authoritarian “bleak house” is more caricature than reality.
Subjects: 
union density/coverage
bargaining structure
coordination
macro/micro performance
redistribution
voice
JEL: 
J30
J38
J41
J51
J53
J58
Persistent Identifier of the first edition: 
Document Type: 
Article

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