%0 Report
        %A Goerke, Laszlo
%A Madsen, Jakob B.
        %T Earnings-Related Unemployment Benefits in a Unionised Economy
        %D 2003
        %8 2003 Jan
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 701
        %U https://www.iza.org/index.php/publications/dp701
        %X 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.
        %K unemployment benefits
%K unemployment
%K trade union
%K panel data
%K OECD
%K earnings relationship