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Models of Trade Union Behaviour: A Synthesis
Author(s) -
CREEDY JOHN,
McDONALD IAN M.
Publication year - 1991
Publication title -
economic record
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.365
H-Index - 42
eISSN - 1475-4932
pISSN - 0013-0249
DOI - 10.1111/j.1475-4932.1991.tb02564.x
Subject(s) - economics , wage bargaining , wage , insider , monopoly , simple (philosophy) , trade union , microeconomics , labour economics , philosophy , epistemology , political science , law
In this paper, the following four models of wage determination by trade unions, namely simple monopoly, wage‐bargaining (or ‘right to manage’), efficient bargains and insider‐dominated, are placed within a single framework. It is shown that the pattern of wage behaviour is the same in each of the four models. It is also shown that when taxation is introduced the impact on wages of changes in marginal and average rates of tax is similar across the models.