14.661 | Fall 2017 | Graduate

Labor Economics I

Handouts

Key Ideas #4

Unions and Collective Bargaining

I. Union Relative Wage Effects

  • Wage gaps and wage gains
  • Market structure: unions when employers have power in the factor market
  • Metrics: Panel data and regression-discontinuity methods

II. Efficient Bargains and Strikes

  • Monopoly unions and efficient contracts
  • Are strikes a puzzle?

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Fall 2017
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