The labor market effects of trade unions - Layard meets Melitz

"Trade unions are typically able to convert their industrial power into political power. We show that, depending on the parameter constellation, stronger trade unions may be welfare-improving in terms of an increase in aggregate employment and output, if they successfully lobby for lower trade...

Full description

Bibliographic Details
Main Authors: de Pinto, Marco, Michaelis, Jochen
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Trier 2014
IAAEU
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19110432124919386149-The-labor-market-effects-of-tr.htm
Description
Summary:"Trade unions are typically able to convert their industrial power into political power. We show that, depending on the parameter constellation, stronger trade unions may be welfare-improving in terms of an increase in aggregate employment and output, if they successfully lobby for lower trade barriers set by the government."
Physical Description:8 p.
Digital