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A model is used to propose the countervailing effects of a strike upon wages. Wages may rise if unions succeed in obtaining concessions. They may fall if firms succeed in neutralizing the potential damage to their profits. Some US evidence suggests that wages fall whenever strikes increase in...
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Books reviewed: David Collins, Management Fads and Buzzwords: Critical-Practical Perspectives Andrew Pendleton, Employee Ownership, Participation and Governance: A Study of ESOP's in the UK Denise Thursfield, Post-Fordism and Skill: Theories and Perceptions Vernon M. Briggs Jr., Immigration and...
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