Economic Integration and Union Power
AbstractThe standard utility-maximizing model of the trade union in a closed economy is reformulated for an environment where economic integration is under way or expected to occur soon. In the (European) realistic setting of union-dominated labor markets, domestic wages are shown to be affected by labor market developments abroad. This article provides an explanation of the international transmission of inflation and disinflation Copyright Kluwer Academic Publishers 2002
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Bibliographic InfoArticle provided by Springer in its journal Open Economies Review.
Volume (Year): 13 (2002)
Issue (Month): 2 (April)
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Web page: http://www.springerlink.com/link.asp?id=100323
trade union behavior; capital mobility; economic integration;
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