The labor market effects of trade unions in an open economy: Layard meets Melitz
Autor: | Marco de Pinto, Jochen Michaelis |
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Rok vydání: | 2014 |
Předmět: | |
Zdroj: | International Economics and Economic Policy. 13:223-232 |
ISSN: | 1612-4812 1612-4804 |
DOI: | 10.1007/s10368-014-0301-z |
Popis: | Trade unions are typically able to convert their industrial power into political power. We show that, depending on the constellation of parameters, stronger trade unions may improve welfare in terms of an increase in aggregate employment and output if they successfully lobby for lower trade barriers set by the government. |
Databáze: | OpenAIRE |
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