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The Economics of the trade union

Author: Booth, Alison L. Publisher: Cambridge University Press (CUP) 1995.Language: EnglishDescription: 295 p. ; 24 cm.ISBN: 0521468396Type of document: BookBibliography/Index: Includes bibliographical references and index
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Item type Current location Collection Call number Status Date due Barcode Item holds
Book Europe Campus
Main Collection
Print HC500.63 .U5 B66 1995
(Browse shelf)
001177389
Available 001177389
Total holds: 0

Includes bibliographical references and index

Digitized

The Economics of the Trade Union Contents List of figures List of tables Preface 1 Introduction 2 The development of the union movements of Britain and the United States 2.1 Introduction 2.2 The development of the British union movement 2.3 The development of the US union movement 2.4 A brief comparison of the British and the US collective bargaining systems 3 The orthodox theoretical framework: an overview 3.1 Introduction 3.2 Trade unions in a perfectly competitive product market 3.3 Trade unions and improvements in economic efficiency 3.4 How does a union obtain monopoly power? 3.5 Conclusion Appendix 3A 4 Trade union objectives and the monopoly union model 4.1 Introduction 4.2 The union objective function 4.3 The behaviour of the firm 4.4 The monopoly union model 4.5 Empirical evaluation of union objectives 4.6 The median voter model and models of endogenous membership page xii xiv xv 1 12 12 14 36 47 51 51 52 66 71 76 77 82 82 87 94 97 101 108 4.7 Conclusion Appendix 4A 5 Bargaining models of the trade union 5.1 Introduction 5.2 Two approaches to modelling bargaining behaviour 5.3 The right-to-manage model 5.4 The efficient bargaining model 5.5 The right-to-manage model versus the efficient bargaining model 5.6 Bargaining and strikes 5.7 Bargaining over wages and standard hours 5.8 Conclusion Appendix 5A. The non-cooperative bargaining problem Appendix 5B 6 Empirical estimates of the union wage differential 6.1 Introduction 6.2 The union­nonunion wage differential: definition 6.3 Aggregate cross-section estimates of the union wage differential 6.4 Individual cross-section estimates of the union wage differential 6.5 Simultaneous equation and panel studies estimating the union wage differential using micro data 6.6 Changes in the union wage differential over time 6.7 Unions and wage dispersion 6.8 Conclusion Appendix 6A. Derivation of the union­nonunion wage differential from the right-to-manage model 7 The impact of trade unions on productivity, investment, profitability, employment and hours 7.1 Introduction 7.2 Modelling union effects on productivity 7.3 Some problems with this approach 7.4 Empirical evidence for the USA 7.5 Evidence on productivity for Britain 7.6 The impact of unions on investment, profitability, employment and hours 7.7 Conclusion 116 118 120 120 123 124 128 134 141 146 149 150 154 157 157 158 159 163 173 177 179 180 180 183 183 188 190 194 200 209 223 8 Unions and the macroeconomy 8.1 Introduction 8.2 The monopoly union model and macroeconomics 8.3 Aggregate unemployment and the wage bargaining structure 8.4 Unemployment persistence and hysteresis 8.5 Empirical estimation of the wage- and price-setting curves 8.6 Conclusion 9 Conclusion References Index 224 224 226 243 248 253 256 258 266 289

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