demand is inelastic and unions care much for employment relative to wages. Trade liberalization typically increases trade …We find that trade unions have a rational incentive to oppose the adoption of labour-saving technology when labour …

on wages. For a given location choice, trade liberalization increases national welfare in the unionized country. When a …

We examine how a merger affects wages of unionized labour and, in turn, the profitability of a merger under Cournot … competition in differentiated products. If unions are plant-specific, we find that a merger is more profitable than in a … corresponding model with exogenous wages. In contrast to the received literature, we find that it can be more profitable to take …

We analyse how the presence of trade unions affects the pattern of mergers in an international oligopoly and the … welfare implications thereof. We find that an international merger results in lower wages for all firms. A national merger … results in higher wages, highest for the non-merging firms. Using a model of endogenous merger formation, we find that the …

this model, skilled and unskilled labour are substitutes, immigrants are complementary to the former, and wages are … wages and employment of both types of workers across Spanish provinces following the lifting of some restrictions on … on both wages and employment of less-skilled natives. …

substantiate the union’s claim of ‘full wage compensation’, however: reductions in standard hours were accompanied by a relative …

This Paper develops a model in which the interaction between product market imperfections, transportation costs, unions … equally populated regions. In the centre, most people work in the unionized industry and earn large wages. In contrast …

This Paper surveys the economic literature on the impact of trade unions on innovation. There are many theoretical … routes through which unions may have an effect on innovation, for example through their effects on relative factor prices … that trade unions will ‘hold up’ firms by expropriating sunk R&D (research and development) investments through demanding …

We introduce labour market imperfections (i.e. unions and the existence of a wage floor) in a finance … decreases with union power. We also find that unions increase simultaneously steady-state employment, capital accumulation and …