Chapter

Unions and Pensions: Theory, Evidence, and Implications

Tito Boeri, Agar Brugiavini, Lars Calmfors, Alison Booth, Michael Burda, Daniele Checchi, Bernhard Ebbinghaus, Richard Freeman, Pietro Garibaldi, Bertil Holmlund, Robin Naylor, Martin Schludi, Thierry Verdier and Jelle Visser

in The Role of Unions in the Twenty-first Century

Published in print August 2001 | ISBN: 9780199246588
Published online November 2003 | e-ISBN: 9780191596001 | DOI: http://dx.doi.org/10.1093/0199246580.003.0009
 Unions and Pensions: Theory, Evidence, and Implications

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The relationship between union actions and welfare outcomes is developed, taking the provision of old‐age insurance as a natural example. This chapter develops the economic theory of how unions go about setting policies on pensions; it presents empirical evidence of their impact on occupational pensions and policies on state pensions and early retirement options; and it examines how union activities depend on labour relations institutions.

Keywords: early retirement options; labour relations institutions; old‐age insurance; pensions; union actions; welfare outcomes

Chapter.  10715 words.  Illustrated.

Subjects: Macroeconomics and Monetary Economics

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