Items related to Labour Unions, Public Policy and Economic Growth

Labour Unions, Public Policy and Economic Growth - Hardcover

Palokangas, Tapio

 
9780521663236: Labour Unions, Public Policy and Economic Growth
Hardcover
ISBN 10: 0521663237 ISBN 13: 9780521663236
Publisher: Cambridge University Press, 2000

Synopsis

Collective bargaining is the main vehicle for labour worldwide to negotiate wages, benefits, retirement policies, training and other terms of working with management in both the public and private sectors. Labour economists have long been active in modelling the relations between collective bargaining agreements, labour markets and social welfare conditions. This book presents a theoretical model of unions which offers a unified treatment of the centralisation of bargaining, the credibility of labour contracts, the unionisation of labour markets and the relative bargaining power of the union. Tapio Palokangas develops the microfoundations of bargaining and examines collective bargaining interacting with public policy, investment and growth, and international trade and specialisation. In conclusion Professor Palokangas challenges the commonly held view that collective bargaining has a negative impact on economics welfare, and argues that with the existence of market failure, collective bargaining can be welfare enhancing.

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Book Description

This book presents a theoretical model of union bargaining. It challenges the prevailing view that collective bargaining has a negative impact on welfare and argues that given the existence of market failure, collective bargaining can enhance welfare. For scholars and students in labour economics, public economics, game theory and international economics.

"About this title" may belong to another edition of this title.

Publisher
Cambridge University Press
Publication date
2000
Language
English
ISBN 10 
0521663237
ISBN 13 
9780521663236
Binding
Hardcover
Number of pages
252