Unions and Wage Determination: Can Monopsonist Unions Reduce Unemployment?
Journal of Economics Bibliography
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Title |
Unions and Wage Determination: Can Monopsonist Unions Reduce Unemployment?
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Creator |
MARTINS, Ana Paula; Department of Economics, Universidade Católica Portuguesa. This research started while the author was Invited Professor at Faculdade de Economia da Universidade Nova de Lisboa, Portugal
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Subject |
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Description |
Abstract. This paper extends the standard closed shop union model of wage determination by introducing endogeneity of union membership. The labor market outcome with endogenous membership may differ when unions behave monopsonisticaly relative to the case where they are "membership-takers", resulting in higher or lower wages (more or less favorable contract curve in efficient bargaining) according to the form union´s utility function and/or implicit decision process value union size. Some notes are added highlighting the role of membership fees in the membership function determination of a union that works as a nonprofit organization.Keywords. Unions, Wage Determination Models, Union Membership, Union Bargaining, Corporatism, Monopsonist Union, (Collective Choice).JEL. J51, J42, E24, D71, P42.
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Publisher |
Journal of Economics Bibliography
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Contributor |
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Date |
2016-12-18
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://www.kspjournals.org/index.php/JEB/article/view/1135
10.1453/jeb.v3i4.1135 |
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Source |
Journal of Economics Bibliography; Vol 3, No 4 (2016): December; 626-643
2149-2387 |
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Language |
eng
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Relation |
http://www.kspjournals.org/index.php/JEB/article/view/1135/1085
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Rights |
Copyright (c) 2017 Journal of Economics Bibliography
http://creativecommons.org/licenses/by-nc/4.0 |
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