Difference between revisions of "Insiders"

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Latest revision as of 17:03, 2 July 2020

Insiders are the workers who are already employed and therefore have an influence on wage bargaining. (Cf. outsiders.)

Definition

According to Macroeconomics by Mankiw (7th edition),

Insiders. Workers who are already employed and therefore have an influence on wage bargaining. (Cf. outsiders.)