Determinants of contract duration in collective bargaining agreements.
The author develops a model incorporating variables that previous studies have hypothesized as determinants of labor contract duration, then empirically tests the model using a data set containing bargaining pair-specific, industry-specific, and union-specific variables on 373 contracts signed over the period 1977-87. Three findings, all consistent with the model, are that the rate of wage change in a contract is positively related to the contract's duration; contracts containing cost-of-living adjustments (COLAs) tend to be considerably longer in duration than contracts without COLAs; and over the period studied, there was a substantial increase in average contract duration, even with controls for many economic factors. (Abstract courtesy JSTOR.)
Year of publication: |
1992
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Authors: | Murphy, Kevin J. |
Published in: |
Industrial and Labor Relations Review. - School of Industrial & Labor Relations, ISSN 0019-7939. - Vol. 45.1992, 2, p. 352-365
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Publisher: |
School of Industrial & Labor Relations |
Saved in:
Saved in favorites
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