The Economics of the Trade Union
Edition: Reprint
Publisher: Cabmridge University Press
Published: 1996
Place of publication: Cambridge
Language: eng
Format: Hardcover
Number of pages: 312
ISBN-13: 9780521464673
Copyright date: 1995
Description: This book analyses the crucial features of unionised labour markets. The models in the book refer to labour contracts between unions and management, but the method of analysis is also applicable to non-union labour markets where workers have some market power. In this book, Alison Booth, a researcher in the field, emphasises the connection between theoretical and empirical approaches to studying unionised labour markets. She also highlights the importance of taking into account institutional differences between countries and sectors when constructing models of the unionised labour market. While the focus of the book is on the US and British unionised labour markets, the models and analytical methods are applicable to other industrialised countries with appropriate modifications.

Provides careful emphasis of the connection between theory and empirical testing in theory, which has been neglected in the past
Careful consideration is given to historical development in 2 countries - Britain and the US
Highly accessible and jargon-free, presenting technical research in words with appendices explaining mathematical techniques used to achieve results
source: https://www.cambridge.org/nl/academic/subjects/economics/labour-economics/economics-trade-union?format=HB&isbn=9780521464673
Table of contents: title: List of figures; title: List of tables; title: Preface; title: 1. Introduction; title: 2. The development of the union movements of Britain and the United States; title: 3. The orthodox theoretical framework: an overview; title: 4. Trade union objectives and the monopoly union model; title: 5. Bargaining models of the trade union; title: 6. Empirical estimates of the union wage differential; title: 7. The impact of trade unions on productivity, investment, profitability, employment and hours; title: 8. Unions and the macroeconomy; title: 9. Conclusion; title: References; title: Index.