Difference between revisions of "Spill-over effect"
Jump to navigation
Jump to search
(New page: The spill-over effect is how increase union wages can cause a decrease in non-union wages. This can occur because employers will reduce the number of higher-paying union jobs, causing tho...) |
Conservative (talk | contribs) |
||
| Line 1: | Line 1: | ||
The spill-over effect is how increase union wages can cause a decrease in non-union wages. This can occur because employers will reduce the number of higher-paying union jobs, causing those who lose their jobs to flood the labor market for non-union jobs. This increase in non-union laborers then drives down the wages for non-union jobs. | The spill-over effect is how increase union wages can cause a decrease in non-union wages. This can occur because employers will reduce the number of higher-paying union jobs, causing those who lose their jobs to flood the labor market for non-union jobs. This increase in non-union laborers then drives down the wages for non-union jobs. | ||
| + | |||
| + | [[Category: Economics]] | ||
Revision as of 22:19, May 21, 2007
The spill-over effect is how increase union wages can cause a decrease in non-union wages. This can occur because employers will reduce the number of higher-paying union jobs, causing those who lose their jobs to flood the labor market for non-union jobs. This increase in non-union laborers then drives down the wages for non-union jobs.