Trade Union Behaviour, Pay-bargaining, and Economic Performance


Book Description

Consists of two papers and comments thereon. The paper "Can Political Models Predict Union Behaviour?" by Professor Robert Flanagan deals with the process of policy formulation within unions. Using collective-choice analysis, examines whether and under what circumstances it is possible for union members to form a collective goal and the ability of union leaders to alter that goal. The paper " Bargaining Structure and Economic Performance" by Karl Ove Moene and Michael Wallerstein discusses the issues of the implications of the level of centralization of wage bargaining on economic performance.













Unions and Collective Bargaining


Book Description

This book offers an extensive survey and synthesis of the economic literature on trade unions and collective bargaining and their impact on micro-and macro-economic outcomes. The authors demonstrate the effects of collective bargaining in different country settings and time periods. A comprehensive reference, this book will be of interest to students and scholars of labor policy as well as to policy makers and anyone with an interest in the economic consequences of unionism.




Labour Relations and Economic Performance


Book Description

This volume contains the proceedings of a conference held to assess the current state of the analysis of the labour market and of industrial relations and their relationship to economic performance.




The Role of Collective Bargaining in the Global Economy


Book Description

The book examines the ways in which collective bargaining addresses a variety of workplace concerns in the context of today.s global economy. Globalization can contribute to growth and development, but as the recent financial crisis demonstrated, it also puts employment, earnings and labourstandards at risk. This book examines the role that collective bargaining plays in ensuring that workers are able to obtain a fair share of the benefits arising from participation in the global economy and in providing a measure of security against the risk to employment and wages. It focuses on a commonly neglected side of the story and demonstrates the positivecontribution that collective bargaining can make to both economic and social goals. The various contributions examine how this fundamental principle and right at work is realized in different countries and how its practice can be reinforced across borders. They highlight the numerouschallenges in this regard and the critically important role that governments play in rebalancing bargaining power in a global economy. The chapters are written in an accessible style and deal with practical subjects, including employment security, workplace change and productivity and working time.




Growth Externalities, Unions, and Long-Term Wage Accords


Book Description

This paper presents an innovation driven endogenous growth model, where firms and unions bargain over wages. We find that the degree of centralization of the bargaining structure plays a crucial rule for economic performance. Central bargaining, which incorporates the leapfrogging externality incorporated in firm-level bargaining, will yield lower rates of unemployment for a given rate of economic growth. The increase in labor resources will in turn also yield faster growth rates in a corporatist economy. Indeed, when unions focus on issues other than short term wage increases, they may even outperform the non-unionized economy, as they can internalize the knowledge externality through long-term wage moderation accords.