Previous research has suggested that intra-occupational earnings differences are the principal source of the long-standing earnings gap between men and women. Following that line of research, this study examines the extent of gender differences in the incidence of and returns to promotions....

Whereas most recent research examining the effects of the NLRA on labor-management relations has focused on the impact of specific provisions of the law, this study provides an estimate of the impact of the passage of the NLRA on 75 firms that were at great risk of being unionized in the 1930s....

From an analysis of data for 1962-82, the authors find that strikes substantially affect shareholder equity as measured by the change in stock prices associated with strikes. Over that period the average strike involving 1,000 or more workers resulted in a 4.1% drop in shareholder equity,...

This paper tests the hypothesis that the substantial gains enjoyed by shareholders in target firms during the corporate acquisition boom of the 1980s reflected, in part, shareholders' recouping of the value of "rents" (in the form of wage premiums, higher fringe benefits, and constraints on...

This analysis of bargaining settlements in 1982-83 shows that, on average, shareholders in those firms that negotiated concessionary settlements enjoyed an 8 to 10% increase in the value of their holdings. The author interprets this result to mean not that the value of the firm increased, but...

Drawing on agency theory, this study examines union-nonunion differences in the allocation of both firm profits and business risk to employees and shareholders. Using a sample of more than 1,000 large private sector firms, the authors find that over the period 1970-81 shareholders in unionized...