Unions, Wage Gaps, and Wage Dispersion: New Evidence from the Americas
34 Pages Posted: 6 Oct 2012
Using a common methodology, the effects of unions on wage levels and wage dispersion are estimated for two neighboring countries, Bolivia and Chile, and for the U.S. The analysis shows that unions have broadly similar effects on the wage distribution within these three economies. The findings suggest that the political economy of unions, coupled with market constraints on labor costs, produce commonality in union wage effects that transcend other economic and institutional differences.
Keywords: unions, wages, wage dispersion, Latin America
JEL Classification: J31, J51
Suggested Citation: Suggested Citation