| Título: | Seniority and Distribution in a Two-Worker Trade Union |
| Autores: |
Robert, Jacques Kuhn, Peter |
| Fecha: |
2011-10-26 2011-10-26 1988-07-01 |
| Publicador: | Universidad de Princenton |
| Fuente: |
 |
| Tipo: | Working Paper |
| Tema: |
unions seniority wages layoffs |
| Descripción: | Unlike existing models which rely heavily on assumptions regarding unions’ distributional preferences, we present a very simple model in which union seniority-layoff rules and rising seniority-wage profiles result from optimal price discrimination against the firm. Surprisingly, even when cash transfers among union members are ruled out, unions’ optimal seniority-wage profiles are likely to be completely unaffected by their distributional preferences because of a kink in the utility-possibility frontier. This suggests that the simple technology of price discrimination may play a key role, hitherto unappreciated, in explaining union policies that affect the relative wellbeing of different union members. |
| Idioma: | No aplica |
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