We analyse the implications of unions (efficient bargaining) for multiplicity of stationary states and welfare, local … external increasing returns to scale, where capital is the unique asset. We find that a slight increase in unions power may … deterministic endogenous fluctuations. However, we find that union’s bargaining power can dramatically influence the local stability …

. Consequences of how the unions value members and members' status (employed or unemployed) in their collective maximand …

. Consequences of how the unions value members and members' status (employed or unemployed) in their collective maximand …

behaviour of trade unions? To approach these questions theoretical as well as empirical methods were used. The empirical methods …

The impact of unions on profitability is investigated through a comprehensive meta-analysis and meta …. The negative effects of unions on profits are larger in manufacturing industries. However, for the U.K, no effect can be …

with the idea that the incoming Labour government had a positive effect on the ability of unions to gain recognition …

Abstract Motivated by the widespread presence both of decentralised unions and cross-participation at ownership level …-averse) decentralised monopoly unions. We show that such a common wisdom, while it holds when either unions or crossownership separately … unions and crossownership are in existence: this is because the interaction between the reduced employment due to cross …

-specific monopolistic unions. Since the cross-participation at ownership level implies a lower degree of competition, then in a duopoly … without unions, as expected, consumer surplus and social welfare, despite the increase in the industry profits, reduces when … share of cross-participation. This always occurs provided that unions are sufficiently wage-oriented. Therefore, the policy …