Do Trade Unions Actually Worsen Economic Performance?
Author InfoSorensen, J-R Abstract The answer to the question in the title of course depends on how we define economic performance. In an overlapping generations model we show that trade unions do worsen economic performance in the sense that we get unemployment, but it is quite likely that trade unions give rise to a higher growth rate than what would have been the case if the labour market were competitive. Download InfoTo download: If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
