The Effect of Labour Unions on Investment in Training: a Dynamic Model

Yoram Weiss

Chapter 12 in Economic Policy in Theory and Practice, 1987, pp 435-480 from Palgrave Macmillan

Abstract: Abstract Control over the amount of training required of new entrants is a potentially important tool available to many craft unions. This is often exercised through licensing based on schooling and apprenticeship requirements, and on passing special examinations. The standards are to a large extent determined and monitored by the incumbent practitioners. Thus physicians are required to train in various forms of schooling, internship, and residence for up to eight years. Architects need five years of schooling and three years of apprenticeship. Accountants require four years of college and one year of apprenticeship. Less widely known are the schooling and apprenticeship requirements of barbers, plumbers, and mine foremen, which require up to five or six years of investment. Finally, most craft unions require apprenticeship periods of two to four years (see Kolberg, 1976).

Keywords: Pension Fund; Marginal Product; Young Worker; Efficient Level; Training Standard (search for similar items in EconPapers)
Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-18584-9_12

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DOI: 10.1007/978-1-349-18584-9_12

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