Can government policies that increase the monopoly power of firms and the militancy of unions increase output? This paper studies this question in a dynamic general equilibrium model with nominal frictions and shows that these policies are expansionary when certain “emergency” conditions...

Irelandś political and constitutional dilemma is that two competing nationalisms emerged in the nineteenth century on the one small island. One was Irish nationalism which harked back to an ancient Gaelic civilization and was infused with Catholic culture and sometimes Anglophobic sentiment....

This article focuses on the role of unionized members of the parliament. Referring to the famous study by Freeman and Medoff (1984) and considering the more recent literature we first review unions' political power at the example of the US. We conclude that trade unions have not been very...