Labour Unions, Public Policy and Economic Growth / Edition 1

by Tapio Palokangas

Overview

Collective bargaining is still the main vehicle worldwide for labor to negotiate with management in both the public and private sectors. This book presents a new theoretical model of union bargaining. It challenges the commonly held view that collective bargaining has a negative impact on economic welfare and argues that with the existence of market failure, collective bargaining can be welfare enhancing. This book will be a research resource for scholars, professionals and policymakers and supplementary reading for upper-level courses in labor economics, public economics, game theory and international economics.

Product Details

ISBN-13:	9780521663236
Publisher:	Cambridge University Press
Publication date:	01/13/2000
Edition description:	New Edition
Pages:	252
Product dimensions:	5.98(w) x 9.02(h) x 0.67(d)

Table of Contents

List of figures; Preface; Overview; 1. Basic concept of game theory; 2. Collective bargaining without investment; 3. The use of corrective taxes and subsidies; 4. Taxation and production efficiency; 5. Credibility in collective bargaining; 6. Monopoly unions and sluggish investment; 7. Ordinary wages verses profit-sharing; 8. Unions and economic growth; 9. Unions and international specialization; References; Index.