How robust is the microeconomic theory of the trade union?

Manning, Alan ORCID: 0000-0002-7884-3580 (1992) How robust is the microeconomic theory of the trade union? CEP discussion paper (65). London School of Economics and Political Science. Centre for Economic Performance, London, UK.

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Abstract

This paper argues that the predictions of standard trade union models and the tests for distinguishing between these models are not robust to quite small and reasonable changes in the conventional assumptions. It shows how assuming that the ex post substitutability between labour and capital is less than the ex ante substitutability can reverse much of the conventional wisdom about the effects of trade unions.

Item Type:	Monograph (Discussion Paper)
Official URL:	http://cep.lse.ac.uk
Additional Information:	© 1992 Alan Manning
Divisions:	Centre for Economic Performance Economics
Subjects:	H Social Sciences > HD Industries. Land use. Labor
Date Deposited:	21 Aug 2008 10:06
Last Modified:	11 Dec 2024 18:18
URI:	http://eprints.lse.ac.uk/id/eprint/21062

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