Wages and Employment under Trade Unionism: Microeconomic Models and Macroeconomic Applications

John Pencavel
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John Pencavel: Stanford University

A chapter in Trade Unions, Wage Formation and Macroeconomic Stability, 1986, pp 55-83 from Palgrave Macmillan

Abstract: Abstract The first part of this paper is a critical survey of microeconomic research into behavioural models of trade unionism. Although certain formulations of union objectives and models of wage and employment determination in unionized markets have found favor with economists, unfortunately only a little is known about their empirical relevance. The second part of this paper deals with the daunting problems of applying these models at the macroeconomic level. One such model is estimated with data from Sweden’s mining and manufacturing sector from 1968 to 1982.

Keywords: Trade Union; Collective Bargaining; Union Member; Union Membership; Union Wage (search for similar items in EconPapers)
Date: 1986
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-08596-5_4

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DOI: 10.1007/978-1-349-08596-5_4

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