Showing 1 - 10 of 199
Social norms have the potential to alter the functioning of economic markets. We test whether norms shape the aggregate labor supply curve by leading decentralized individuals to maintain wage floors in their local labor markets. We partner with existing employers who create new jobs for workers...
Persistent link: https://www.econbiz.de/10012869538
This paper argues that public sector labor relations is best understood in a framework that focuses on unions' ability … effects of public sector unions on wages are likely to have been underestimated; (3) public sector unions have a somewhat … different effect on wage structures than do private sector unions; (4) compulsory arbitration reduces strikes with no clearcut …
Persistent link: https://www.econbiz.de/10013222944
1990 the proportion of British establishments which recognised manual or non-manual trade unions for collective bargaining … conjunction with recent changes in the nature of employment in the British labour market, seem to paint a bleak picture for unions …
Persistent link: https://www.econbiz.de/10013224330
unionism on economic behavior. We reach three basic conclusions. First, unions and collective bargaining have real economic … concern. Finally, on the basis of these findings we conclude that the search for an understanding of what unions do requires …
Persistent link: https://www.econbiz.de/10013233036
"Standard rate" wage policies, under which all workers in a particular job receive the same wage, are common for blue-collar workers, especially those covered by collective bargaining agreements and those who work for large employers.This paper analyzes the impact of standard-rate wage...
Persistent link: https://www.econbiz.de/10013240645
This paper examines the role of union wage contracts in the persistence of inflation, and the implication of these contracts for the problem of disinflation in the United States. A quantitative model of overlapping con- tracts explicitly oriented toward the major union sector is developed. The...
Persistent link: https://www.econbiz.de/10013240649
productivity so the paper examines the link between unions and productivity finding only a small association by the end of the 1990 …
Persistent link: https://www.econbiz.de/10013246482
This study uses establishment level data to examine the effect of unionism on the wage structure within establishments. The major finding is that unionism substantively reduces within-establishment dispersion of wages, in part through explicit wage practices, such as single rate or automatic...
Persistent link: https://www.econbiz.de/10013218539
This paper summarizes important developments in collective bargaining in the construction industry in the 1980s and 1990s. Workers in the industry have experienced high unemployment and a 17 percent drop in real wages. Union density has declined from 33 percent in 1981 to 22 percent in 1992,...
Persistent link: https://www.econbiz.de/10013233864
A labor market with search and matching frictions, where wage setting is controlled by a monopoly union that follows a norm of wage solidarity, is found vulnerable to substantial distortions associated with holdup. With full commitment to future wages, the union achieves efficient hiring in the...
Persistent link: https://www.econbiz.de/10013103813