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This article focuses on the role of unionized members in parliament. Unions have not been successful in increasing their monopoly power during the last decades in the US. Similarly, a recent study for Germany comes to the result that union members in the "Bundestag" cannot be seen as the...
Persistent link: https://www.econbiz.de/10009161906
This article focuses on the role of unionized members of the parliament. Referring to the famous study by Freeman and Medoff (1984) and considering the more recent literature we first review unions' political power at the example of the US. We conclude that trade unions have not been very...
Persistent link: https://www.econbiz.de/10003873491
With interest groups significantly affecting economic performance (according to Mancur Olson) and a vital interest of governments in economic growth and low unemployment in order to win elections, there should be a link between political business cycles and the evolution of lobbies over time...
Persistent link: https://www.econbiz.de/10003873493