Arbeitspapier

How trade unions increase welfare

Historically, worker movements have played a crucial role in making workplaces safer. Firms traditionally oppose better health standards. According to our interpretation, workplace safety is costly for firms but increases the average health of workers and thereby the aggregate labour supply. A laissez-faire approach in which firms set safety standards is suboptimal as workers are not fully informed of health risks associated with jobs. Safety standards set by better-informed trade unions are output and welfare increasing.

Language
Englisch

Bibliographic citation
Series: W.E.P. - Würzburg Economic Papers ; No. 83

Classification
Wirtschaft
Trade Unions: Objectives, Structure, and Effects
Labor Standards: Working Conditions
Subject
Occupational health and safety
trade unions
welfare

Event
Geistige Schöpfung
(who)
Donado, Alejandro
Wälde, Klaus
Event
Veröffentlichung
(who)
University of Würzburg, Department of Economics
(where)
Würzburg
(when)
2010

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Donado, Alejandro
  • Wälde, Klaus
  • University of Würzburg, Department of Economics

Time of origin

  • 2010

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