This paper discusses the sensitivity of the labor market outcome in the standard bargaining paradigms - monopoly union and efficient bargaining - to the existence of a budget constraint pending on the financing of the unemployment benefit. Consequences of how the unions value members and...

Purpose – Aims to analyse the labour market outcome when there are two unions in the industry, representing heterogeneous workers – imperfect substitutes in production. Design/methodology/approach – Competition between union policies are viewed in terms of both employment and wage...

Purpose – Aims to analyse the labour market outcome when there are two unions in the industry, representing heterogeneous workers – imperfect substitutes in production. Design/methodology/approach – Competition between union policies are viewed in terms of both employment and wage...