search query: @indexterm EMPLOYMENT POLICY / total: 161
reference: 21 / 161
| Author: | Kühn, K-U. Padilla, A. J. |
| Title: | Union power, replacement and labour market dynamics |
| Journal: | Economic Journal
2002 : APR, VOL. 112:479, 317-343 |
| Index terms: | Labour markets Employment policy |
| Freeterms: | Insider-outsider theory |
| Language: | eng |
| Abstract: | The authors construct a new basis for insider-outsider theory that acknowledges that insiders are typically easier to organise, so that they can delegate their bargaining decisions to a representative if they want to. They show that harassment or discrimination of new workers by the insider work force is neither individually rational nor needed to explain union formation or inefficient hiring decisions. However, they show that there is a strong tendency for overemployment. Unions tend to increase the efficiency of hiring decisions although union contracts will look like inducing underemployment. |
SCIMA