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Document type:
Sonstiges / Other Publication
Title:
Distributional effects of minimum wages: Can unions expect a double dividend? A theoretical exercise from a supply-side view
Series title:
Volkswirtschaftliche Diskussionsbeiträge
Series volume:
31,2
Place of publication:
Neubiberg
Publishing institution:
Universität der Bundeswehr München, Fachgruppe für Volkswirtschaftslehre
Year:
2019
Language:
Englisch
Keywords:
strategy of unions ; wage dispersion ; average and minimum wages ; wage quota
Abstract:
In this short communication, it is recalled that unions traditionally follow a policy of pushing higher average wages and at the same time propose a compression of the structure of wages and salaries, which follows the theory of some sort of equity. Considering a steep downfall of union density in many, if not all, OECD countries, the actual good condition for minimum wage policy comes as no surprise. Despite the fact that unions do not like the intervention of labor market policy at the cost of... »
Department:
Fakultät für Wirtschafts- und Organisationswissenschaften
Institute:
WOW 5 - Institut für Ökonomie und Recht der globalen Wirtschaft
Chair:
Sell, Friedrich L.
Open Access yes or no?:
Ja / Yes
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