The labor market effects of trade unions - Layard meets Melitz
de Pinto, Marco ; Michaelis, Jochen
Institute for Labour Law and Industrial Relations in the European Union, Trier
IAAEU - Trier
2014
8 p.
political power ; trade union ; labour market policy
IAAEU Discussion Papers
6
Trade unionism
English
Bibliogr.
"Trade unions are typically able to convert their industrial power into political power. We show that, depending on the parameter constellation, stronger trade unions may be welfare-improving in terms of an increase in aggregate employment and output, if they successfully lobby for lower trade barriers set by the government."
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