00852pab a2200133 454500008004000000100001900040245005400059260000900113300001400122362001100136520051900147650001000666773004200676180718b2007   xxu||||| |||| 00| 0 eng d  aVetter, Henrik  aGolden age and golden rule in unionized economies  c2007  ap.100-07.  aWinter  aGolden Age and Golden Rule growth paths exemplify different ways to distribute income. In a recent article. Frank Thompson describes the difference between the two. In particular, the Golden Age is characterized by conflict between capital owners and workers. Despite this, workers act competitively; they are passive, taking whatever wage they are offered. In this extension and reexamination of Thompson's results, we assume that workers organize in a union when there is conflict with capitalists. - Reproduced.  aWages  aReview of Radical Political Economics