Trade unions tend to reduce the dispersion of wages among their members. Skilled workers may therefore have an incentive to separate from an encompassing union and organize into a separate craft union. This paper examines a theoretical model to gain insight into the structure of trade unions at a firm. We show that imperfect competition in the product market may drive skilled and unskilled work...

Many developing-country governments rely heavily on trade tax revenue. Therefore, trade liberalization can be a potential source of significant fiscal instability and may affect government spending on development activities—at least in the short run. This article investigates whether donors use aid to compensate recipient nations for lost trade revenue or perhaps to reward them for moving towar...

At the turn of the twenty-first century, sociologists are routinely conducting studies of phenomena that have been traditionally considered the domain of economics. And the reverse is clearly true as well. With each discipline studying the other’s topics, it is useful to get a sense of how much intellectual interchange there is and how much this has changed over time In this note, I present som...