This study investigates the impact of unionization on closures of firms, business lines, and establishments. Analyzing data from two major data sets—one (from the COMPUSTAT files) on the union status of solvent and insolvent enterprises and business lines, and one (obtained by matching...

This study uses an event-time methodology to examine the impact of two-tier agreements on shareholder equity from 1981 through 1986. Following announcements of two-tier agreements, about half of the firms in the sample had negative abnormal returns (returns with values below the expected market...

This analysis examines how changes in major industrial relations policies affected productivity over the years 1974–91 at one of the most important manufacturing plants in the United States. The authors find that productivity fell greatly, both in percentage terms and in absolute dollars,...