How trade unions increase welfare
AbstractHistorically, worker movements have played a crucial role in making workplaces safer. Firms traditionally oppose better health standards. According to our interpretation, workplace safety is costly for firms but increases the average health of workers and thereby the aggregate labour supply. A laissez-faire approach in which firms set safety standards is suboptimal as workers are not fully informed of health risks associated with jobs. Safety standards set by better-informed trade unions are output and welfare increasing. --
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Bibliographic InfoPaper provided by University of Würzburg, Chair for Monetary Policy and International Economics in its series W.E.P. - Würzburg Economic Papers with number 83.
Date of creation: 2010
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Occupational health and safety; trade unions; welfare;
Other versions of this item:
- Alejandro Donado & Klaus Wälde, 2011. "How Trade Unions Increase Welfare," CESifo Working Paper Series 3618, CESifo Group Munich.
- Alejando Donado & Klaus Wälde, 2010. "How Trade Unions Increase Welfare," Working Papers 1010, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz, revised 19 Aug 2010.
- Alejandro DONADO & Klaus WALDE, 2010. "How Trade Unions Increase Welfare," Discussion Papers (IRES - Institut de Recherches Economiques et Sociales) 2010027, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
- J51 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Trade Unions: Objectives, Structure, and Effects
- J81 - Labor and Demographic Economics - - Labor Standards - - - Working Conditions
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Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:CitEc Project, subscribe to its RSS feed for this item.
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