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Seminars

Labor Unions and Social Insurance

Date: Wednesday, Jun 12, 2024, 16:30 ~ 17:45
Speaker: Naoki Aizawa (Wisconsin)
Location: 우석경제관(223동) 308호

◈ 주   제 : Labor Unions and Social Insurance
◈ 발표자 : Naoki Aizawa (Wisconsin)
◈ 일   시 : 2024년 6월 12일 수요일 16:30 ~ 17:45
◈ 장   소 : 우석경제관(223동) 308호
◈ 주   관 : 경제학부, 경제연구소 한국경제혁신센터, SSK, BK21

 

세미나 이전에 연사님과 개인면담을 원하시는 분은 아래 구글 스프레드시트에서 원하시는 시간에 성함을 기입해주시기 바랍니다. 

https://docs.google.com/spreadsheets/d/1dCSazVGB_wUHifqnrD_v1lIRAJBhJKZvgPDZ_39wcP0/edit#gid=0

 

Labor Unions and Social Insurance

 

Abstract:

This paper examines the equilibrium impacts of labor unions on labor market outcomes, as well as the forces underlying the dramatic decline in the unionization rate in the United States in the past half-century. We first document that unionized firms are more likely to provide various employer-based insurance benefits, and we provide quasi-experimental evidence that the expansion of public insurance programs lowers unionization rates and union formation in the U.S. We then develop and estimate a frictional labor market model with endogenous union formation that accounts for their effects on wages, job security, and provisions of employment-based insurance benefits. Using the estimated model, we find that social insurance expansion and the tax/transfer programs on non-wage benefits can have a significant impact not only on unionization but also on wage inequality through their effects on unionization. Moreover, we find that skill-biased technological changes and the implementation of right-to-work laws account for about 32% and 7% of the union decline, respectively. Interestingly, social insurance expansions also account for about 15% of the union decline.

 Attachements (1)

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