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A Dynamic Model of Union Power, Wages and Employment

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Author Info
Manning, Alan

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Abstract

The traditional approach to modeling the effects of trade union power on wages and employment has paid very little attention to how the form of union power affects the outcome. In this paper, wage and employment determination is considered in a dynamic model where some workers, e.g. non-union members, continue to work in the event of a dispute to see whether this practice can be justified. The predictions of the model are very different from the standard one, for example both wages and employment may be a non-monotonic function of union density. The model can also explain situations in which unions are sustainable in the long run. Copyright 1993 by The editors of the Scandinavian Journal of Economics.

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Publisher Info
Article provided by Blackwell Publishing in its journal Scandinavian Journal of Economics.

Volume (Year): 95 (1993)
Issue (Month): 2 ()
Pages: 175-93
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Handle: RePEc:bla:scandj:v:95:y:1993:i:2:p:175-93

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  1. Halko, Marja-Liisa, 2003. "Buffer funding of unemployment insurance in a dynamic labour union model," Research Discussion Papers 24/2003, Bank of Finland. [Downloadable!]
  2. Marja-Liisa Halko, 2004. "Buffer funding of unemployment insurance in a dynamic labour union model," Macroeconomics 0404030, EconWPA. [Downloadable!]
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This page was last updated on 2009-11-22.


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