The Economics of the Trade Union / Edition 1

by Alison L. Booth

Overview

This book analyzes the crucial features of unionized labor markets in industrialized countries, with particular emphasis on Britain and the United States. The techniques used by economists to model unionized labor markets are carefully explained. The connection between theoretical modeling and empirical testing of the theories is also emphasized. The book is directed to undergraduate economics students studying labor economics and to masters students in economics or industrial relations, but it is also accessible to general readers with a quantitative background.

Product Details

ISBN-13:	9780521468398
Publisher:	Cambridge University Press
Publication date:	11/24/1994
Edition description:	New Edition
Pages:	312
Product dimensions:	5.98(w) x 9.09(h) x 0.79(d)

Table of Contents

List of figures; List of tables; Preface; 1. Introduction; 2. The development of the union movements of Britain and the United States; 3. The orthodox theoretical framework: an overview; 4. Trade union objectives and the monopoly union model; 5. Bargaining models of the trade union; 6. Empirical estimates of the union wage differential; 7. The impact of trade unions on productivity, investment, profitability, employment and hours; 8. Unions and the macroeconomy; 9. Conclusion; References; Index.

Editorial Reviews

"She does an admirable and very thorough job covering the history of unions in Britain and the US; the standard (and not-so-standard) economic theory of union behavior; the effects of unions on wages, wage structure, investment and productivity, profitability, and employment; and the relationship between unions and the macroeconomy....always clear, and the bibliography is outstanding. Highly recommended to upper-division undergraduates, graduate students, and professional economists." Choice

"She does an admirable and very thorough job covering the history of unions in Britain and the US; the standard (and not-so-standard) economic theory of union behavior; the effects of unions on wages, wage structure, investment and productivity, profitability, and employment; and the relationship between unions and the macroeconomy....always clear, and the bibliography is outstanding. Highly recommended to upper-division undergraduates, graduate students, and professional economists." Choice

"It provides an excellent insight into a rich vein of inquiry." Edmund Heery, Labour/Le Travail

From the Publisher