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The Impact of a Unionised Labour Market in a Schumpeterian Growth Model
Lingens, Jörg - EconWPA - 2002
relationship between unemployment and growth. We distinguish low-skilled and high-skilled labour and assume that a union bargains … over the low-skilled labour wage. This causes unemployment, but the growth e ect is ambiguous. On the one hand the higher …
Persistent link: https://www.econbiz.de/10005408356
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Growth and Employment Effects of Unions in a Simple Endogenous Growth Model
Lingens, Jörg - EconWPA - 2002
In this paper we analyse the effects of simultaneous union wage bargaining in a simple two sector growth model. We show that the overall employment effect of unionisation is ambiguous and depends on the relative sectoral wage. Besides the employment effects we analyse how unionisation changes...
Persistent link: https://www.econbiz.de/10005556806