Bargaining power and local labour market influences on wage determination
Smith, Jennifer C. (1996) Bargaining power and local labour market influences on wage determination. Working Paper. Coventry: University of Warwick, Department of Economics. Warwick economic research papers (No.455).
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This paper uses a unique panel of data at the level of the bargaining group to examine aspects of `right-to-manage' models of wage determination. Empirical measures of firms' and unions' bargaining power are identified and found to be important influences on wage setting. The role of union characteristics in wage determination is examined; results confirm their importance and illuminate previous survey findings. Features of the local labour market are shown to affect bargained wages over and above the influence of aggregate factors.
|Item Type:||Working or Discussion Paper (Working Paper)|
|Subjects:||H Social Sciences > HD Industries. Land use. Labor|
|Divisions:||Faculty of Social Sciences > Economics|
|Library of Congress Subject Headings (LCSH):||Collective bargaining -- Mathematical models, Panel analysis, Wage bargaining, Wage differentials|
|Series Name:||Warwick economic research papers|
|Publisher:||University of Warwick, Department of Economics|
|Place of Publication:||Coventry|
|Official Date:||March 1996|
|Number of Pages:||29|
|Status:||Not Peer Reviewed|
|Access rights to Published version:||Open Access|
|Funder:||Economic and Social Research Council (Great Britain) (ESRC)|
|Grant number:||F00428725059 (ESRC)|
Akerlof, G. A. (1982). \Labor Contracts as Partial Gift Exchange", Quarterly
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