Trade unions: labour market manipulators?
Research output: Chapter in Book/Report/Conference proceeding › Chapter (peer-reviewed) › peer-review
To some people, trade unions are crucial protectors of the weak. To others, they force up wage levels to unrealistic levels and contribute to unemployment. What role do trad unions have in a modern economy? How successful are they in raising the wages of their members? To what extent do they manipulate labour markets? In this chapter we review: * Indifference curves * Cartels We introduce: * The demand for labour * Wage rate determination
|Title of host publication||Modern applied economics: a problem-oriented approach to economic theory|
|Place of Publication||London|
|Number of pages||17|
|Publication status||Published - 1994|