First, you never answered why you claimed unemployed youth is a good thing. Care to explain?
Do you now agree that a union is a monopoly of labor?
And switching to RTW laws instead of unionization hits upon one of the key areas: RTW lets more people work, so those regions also get lower quality people into jobs. Lower quality people earn less generally.
From your first paper, regarding RTW laws: "previous research finds these laws to be largely inconsequential" - so: did this paper overturn all previous papers? Or did later papers still support the "largely inconsequential" part? Papers are a discussion, so it's best to look at followups, such as the more recent, more widely cited [1]: it states that RTW is not what drives inequality - that is caused in the paper by preexisting variables, that both drive inequality and the passage of RTW laws. So I guess that covers that, right?
As I showed above - union companies have slower employment growth. This is done at the cost to less employable workers - especially youth and old - as also demonstrated which you then said was a good thing, for who knows what reason.
Your second paper is the same short-sighted claim you keep making - of course wages go up for those in a union. No one disputes that. It does not address that the cost is passed on to society and to displaced workers, which is the part you seem unable to admit also happens. If a monopoly on labor drives up wages, where do you think that money comes from? Owners simply hand it over? Or does it put pressure on employment, on investment, on business expansion, on prices?
We can keep going around. I agree there are benefits to unions, but you seem unable to admit there are also costs. Do you still think there are no downsides and that unemployed youth is a good thing? Do you admit a union is a monopoly on labor?
Do you now agree that a union is a monopoly of labor?
And switching to RTW laws instead of unionization hits upon one of the key areas: RTW lets more people work, so those regions also get lower quality people into jobs. Lower quality people earn less generally.
From your first paper, regarding RTW laws: "previous research finds these laws to be largely inconsequential" - so: did this paper overturn all previous papers? Or did later papers still support the "largely inconsequential" part? Papers are a discussion, so it's best to look at followups, such as the more recent, more widely cited [1]: it states that RTW is not what drives inequality - that is caused in the paper by preexisting variables, that both drive inequality and the passage of RTW laws. So I guess that covers that, right?
As I showed above - union companies have slower employment growth. This is done at the cost to less employable workers - especially youth and old - as also demonstrated which you then said was a good thing, for who knows what reason.
Your second paper is the same short-sighted claim you keep making - of course wages go up for those in a union. No one disputes that. It does not address that the cost is passed on to society and to displaced workers, which is the part you seem unable to admit also happens. If a monopoly on labor drives up wages, where do you think that money comes from? Owners simply hand it over? Or does it put pressure on employment, on investment, on business expansion, on prices?
We can keep going around. I agree there are benefits to unions, but you seem unable to admit there are also costs. Do you still think there are no downsides and that unemployed youth is a good thing? Do you admit a union is a monopoly on labor?
[1] https://www.degruyter.com/document/doi/10.1515/bejeap-2019-0...