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This paper examines the impact of trade unions in the US and the UK and elsewhere. In both the US and the UK, despite … declining membership numbers, unions are able to raise wages substantially over the equivalent non-union wage. Unions in other … there is a trend change in the impact of unions. It is our view that most likely what has happened is that the tightening of …
Persistent link: https://www.econbiz.de/10013243921
This paper uses broadly comparable micro data at the level of the individual to examine the extent to which union relative wage effects vary across groups and through time. The main findings may be summarized as follows. a) The union wage gap averages 15% in the US and 10% in Great Britain. b)...
Persistent link: https://www.econbiz.de/10013244109
In this paper we build on our earlier work on underemployment using data from the UK. In particular, we explore their well-being based on hours preferences rather than on involuntary part-time work used in the prior literature. We make use of five main measures of well-being: happiness; life...
Persistent link: https://www.econbiz.de/10012914269
The paper uses newly available cross-section data to study wage determination in the United Kingdom in the 1980s. The results are contrasted with those from a comparable sample from the US from 1977-1988. 1) Fear of unemployment substantially depresses pay in both countries.2) There is some...
Persistent link: https://www.econbiz.de/10013240559
This paper, which follows in an LSE tradition begun by Phillips and Sargan, examines the role of unemployment in shaping pay. In contrast to most of the literature, it 1) uses microeconometric data on individuals and workplaces 2) examines a variety of data sets as a check on the robustness of...
Persistent link: https://www.econbiz.de/10013240636