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Applied Economics Letters Volume 3, 1996 - Issue 11
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Original Articles

Another note on Oswald's ‘The Economic Theory of Trade Unions’

Stein Ostbye
Pages 719-720 | Published online: 05 Oct 2010
 
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Abstract

The purpose of this note is to emphasize that the qualitative effect of a labour subsidy on the union's desired wage rate, is highly sensitive to the design of the policy instrument.

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