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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Pubblicato in:MAGKS - Joint Discussion Paper Series in Economics (Band 18-2014b)
Autori principali: de Pinto, Marco, Michaelis, Jochen
Natura: Articolo
Lingua:inglese
Pubblicazione: Philipps-Universität Marburg 2014
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Accesso online:PDF Full Text
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