Item type:Article, Open Access

The labor market effects of trade unions: Layard meets Melitz

Abstract

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.

Metadata

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de Pinto, Marco; Michaelis, Jochen: The labor market effects of trade unions: Layard meets Melitz. In: , Jg. (2024-01-12), . DOI: https://doi.org/10.17192/es2024.0320.

License

This item has been published with the following license: In Copyright