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The Economics of the Trade Union

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Overview

The techniques used by economists to model unionized labor markets are carefully explained in analyzing the crucial features of unionized labor markets of industrialized countries, with particular emphasis on Britain and the United States.
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Editorial Reviews

From the Publisher
"She does an admirable and very thorough job covering the history of unions in Britain and the US; the standard (and not-so-standard) economic theory of union behavior; the effects of unions on wages, wage structure, investment and productivity, profitability, and employment; and the relationship between unions and the macroeconomy....always clear, and the bibliography is outstanding. Highly recommended to upper-division undergraduates, graduate students, and professional economists." Choice

"She does an admirable and very thorough job covering the history of unions in Britain and the US; the standard (and not-so-standard) economic theory of union behavior; the effects of unions on wages, wage structure, investment and productivity, profitability, and employment; and the relationship between unions and the macroeconomy....always clear, and the bibliography is outstanding. Highly recommended to upper-division undergraduates, graduate students, and professional economists." Choice

"It provides an excellent insight into a rich vein of inquiry." Edmund Heery, Labour/Le Travail

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Product Details

  • ISBN-13: 9780521464673
  • Publisher: Cambridge University Press
  • Publication date: 3/28/2007
  • Pages: 312
  • Product dimensions: 5.98 (w) x 8.98 (h) x 0.83 (d)

Table of Contents

List of figures
List of tables
Preface
1 Introduction 1
2 The development of the union movements of Britain and the United States 12
3 The orthodox theoretical framework: an overview 51
4 Trade union objectives and the monopoly union model 82
5 Bargaining models of the trade union 120
6 Empirical estimates of the union wage differential 157
7 The impact of trade unions on productivity, investment, profitability, employment and hours 183
8 Unions and the macroeconomy 224
9 Conclusion 258
References 266
Index 289
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