Can Labor Market Imperfections Cause Overprovision of Public Inputs?

In a model where trade unions dominate the labor market, a relationship is derived between the rate of unemployment and the provision of a public input in the production. This relationship implies that for conventional rates of unemployment, the public input will be overprovided compared to the first-best level.

MoreLess

Year of publication:	2009-11
Authors:	Martinez, Diego ; Sjögren, Tomas
Institutions:	Departamento de Economía, Universidad Pablo de Olavide
Subject:	Public Inputs \| Trade Unions

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

More details

Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 09.13 8 pages
Classification:	H41 - Public Goods ; J51 - Trade Unions: Objectives Structure, and Effects
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008496365