Trade Unions and the Choice of Capital Stock
AbstractThis paper considers the interaction between a firm and trade union in determining employment, wages and capital stock. We take the monopoly trade union model of Oswald (1982), where the union sets the wage, and add the firms choice of capital stock. The standard predictions of the union literature are highly dependent on the degree of strategic dominance of the union vis a vis the firm.
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Bibliographic InfoPaper provided by Queen's University, Department of Economics in its series Working Papers with number 600.
Length: 33 pages
Date of creation: 1985
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