@TechReport{iza:izadps:dp701,
            	author={Goerke, Laszlo and Madsen, Jakob B.},
            	title={Earnings-Related Unemployment Benefits in a Unionised Economy},
            	year={2003},
	month={Jan},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={701},
            	url={https://www.iza.org/index.php/publications/dp701},
	abstract={We show that a stronger earnings relationship of unemployment compensation reduces
wages and increases employment in an economy in which wages are determined by a trade
union that maximises the rent from unionisation. The opposite result applies for a utilitarian
union. Using manufacturing and non-manufacturing data for 16 OECD countries, estimates
suggest that a 10% increase in the earnings relationship is associated with a 1.9% fall in
manufacturing wages, a 0.6% reduction in non-manufacturing wages and a 7.3% reduction in
unemployment.},
	keywords={unemployment benefits;unemployment;trade union;panel data;OECD;earnings relationship},
            }