The labor market effects of trade unions: Layard meets Melitz

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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Bibliographic Details
Published in:MAGKS - Joint Discussion Paper Series in Economics (Band 18-2014b)
Main Authors: de Pinto, Marco, Michaelis, Jochen
Format: Article
Language:English
Published: 2014
Subjects:
lobbying
Trade unions
Wirtschaft
trade liberalization.
Economics
Online Access:PDF Full Text
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Summary: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.
Physical Description:9 Pages
ISSN:1867-3678
DOI:10.17192/es2024.0320

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