How robust is the microeconomic theory of the trade union?
Manning, A.
(1992).
How robust is the microeconomic theory of the trade union?
(CEP discussion paper 65).
London School of Economics and Political Science. Centre for Economic Performance.
This paper argues that the predictions of standard trade union models and the tests for distinguishing between these models are not robust to quite small and reasonable changes in the conventional assumptions. It shows how assuming that the ex post substitutability between labour and capital is less than the ex ante substitutability can reverse much of the conventional wisdom about the effects of trade unions.
| Item Type | Working paper |
|---|---|
| Copyright holders | © 1992 Alan Manning |
| Departments |
LSE > Research Centres > Centre for Economic Performance LSE > Academic Departments > Economics |
| Date Deposited | 21 Aug 2008 |
| URI | https://researchonline.lse.ac.uk/id/eprint/21062 |
ORCID: https://orcid.org/0000-0002-7884-3580