Is Unemployment Lower if Unions Bargain over Employment?
The authors consider an economy in which all firms are unionized and bargain with their own union. If unions bargain over employment as well as wages, employment will be the same as if they bargain over wages only, provided that the production function is Cobb-Douglas. (Employment will be higher if...
| Main Authors: | , |
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| Format: | Journal article |
| Language: | English |
| Published: |
1990
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