000			00921pab a2200169 454500
008			180718b2007 xxu||||| |||| 00| 0 eng d
100			_aVetter, Henrik
245			_aGolden age and golden rule in unionized economies
260			_c2007
300			_ap.100-07.
362			_aWinter
520			_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.
650			_aWages
773			_aReview of Radical Political Economics
908			_aN
909			_a74618
999			_c74618 _d74618