Prices, Employment and Pro-Labor Governments
通过政府与工会的博弈模型,研究更亲劳工的政府如何影响工资、就业和价格,发现其会降低工资和失业率,提高工人福利但可能降低所有者福利。
In this analysis of a game between a government and a union, the welfare function of the union depends on the welfare of the workers and the welfare function of the government depends on the welfare of the workers and the owners. A government is said to be more proworker if it gives more weight to the workers' welfare in its utility function. We study the effect on a more proworker government on the equilibrium of the economy. A more proworker government is found to induce a lower wage, lower unemployment, lower prices, higher welfare for the workers and, typically, lower welfare for the owners. Copyright 1995 by The editors of the Scandinavian Journal of Economics.