Unions and Equity.
Trade unions have been successful in compressing the wage distribution but not in influencing the share of national income going to labour. This paper claims that a compressed wage distribution provides insurance in the same way that the tax and benefit system does and thus may be welfare-improving....
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| Format: | Working paper |
| Langue: | English |
| Publié: |
Department of Economics (University of Oxford)
2000
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