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Models of Trade Union Behaviour: A Synthesis

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  • JOHN CREEDY
  • IAN M. McDONALD

Abstract

In this paper, the following four models of wage determination by trade unions, namely simple monopoly, wage‐bargaining (or ‘right to manage’), efficient bargains and insider‐dominated, are placed within a single framework. It is shown that the pattern of wage behaviour is the same in each of the four models. It is also shown that when taxation is introduced the impact on wages of changes in marginal and average rates of tax is similar across the models.

Suggested Citation

  • JOHN CREEDY & IAN M. McDONALD, 1991. "Models of Trade Union Behaviour: A Synthesis," The Economic Record, The Economic Society of Australia, vol. 67(4), pages 346-359, December.
  • Handle: RePEc:bla:ecorec:v:67:y:1991:i:4:p:346-359
    DOI: 10.1111/j.1475-4932.1991.tb02564.x
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    References listed on IDEAS

    as
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