The role of unions in an endogenous growth model with human capital

In this paper we study the relationship between unions and growth in a two-sector overlapping generations model with altruism and human capital. This relationship depends on the interaction between the technology in the sector that produces human capital and the degree of unionization of the economy. On the other hand, the operativeness of the bequest motive is increasing with the degree of unionization of the economy. © 2002 Published by Elsevier Science Inc.