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The labor market effects of trade unions: Layard meets Melitz
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 ba...
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| Published in: | MAGKS - Joint Discussion Paper Series in Economics (Band 18-2014b) |
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| Main Authors: | , |
| Format: | Article |
| Language: | English |
| Published: |
Philipps-Universität Marburg
2014
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| Subjects: | |
| Online Access: | PDF Full Text |
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