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The law of one wage does not strictly hold, nor should it be expected to hold, in contemporary labor markets. The law of one wage, however, provides a surprisingly good first approximation of the structure of U.S. wages. This generalization is drawn from research on a diverse set of topics: the...
Persistent link: https://www.econbiz.de/10003656939
This paper explores the relationship between economic performance and US unionism, focusing first on what we do and do not know based on empirical research handicapped by limited data on establishment and firm level collective bargaining coverage. Evidence on the relationship of unions with...
Persistent link: https://www.econbiz.de/10009312945
During the 1930s and 1940s, collective bargaining emerged as the workplace governancenorm in much of the U.S. industrial sector. Following its peak in the 1950s, union density inthe U.S. private sector fell steadily, to only 7.4 percent in 2006. Governance shifted from aformalized union norm to...
Persistent link: https://www.econbiz.de/10005862581
The economic impact of the 2007-2009 increases in the federal minimum wage (MW) isanalyzed using a sample of quick-service restaurants in Georgia and Alabama. Store-levelbiweekly payroll records for individual employees are used, allowing us to precisely measurethe MW compliance cost for each...
Persistent link: https://www.econbiz.de/10009522194
I examine evidence on private sector union wage gaps in the U.S. The consensus opinion among labor economists of an average union premium of roughly 15 percent is called into question. Two forms of measurement error create a downward bias in standard wage gap estimates. Match bias results from...
Persistent link: https://www.econbiz.de/10010261534
Twenty years have passed since Freeman and Medoff's What Do Unions Do? This essay assesses their analysis of how unions in the U.S. private sector affect economic performance - productivity, profitability, investment, and growth. Freeman and Medoff are clearly correct that union productivity...
Persistent link: https://www.econbiz.de/10010261606
The market for hospital registered nurses (RNs) is often offered as an example of ?classic? monopsony, while a ?new? monopsony literature emphasizes firm labor supply being upwardsloping for reasons other than market structure. Using data from several sources, we explore the relationship between...
Persistent link: https://www.econbiz.de/10010261903
Wages for black and white workers are substantially lower in occupations with a high density of black employees, following standard controls. Such correlations can exist absent discrimination or as a result of discrimination. In wage level equations, the magnitude of the correlation falls...
Persistent link: https://www.econbiz.de/10010261931
A key concern in estimating the effect of military service on civilian earnings is bias from unmeasured differences between military veterans and nonveterans. The effects of activeduty service are estimated using the 1986 and 1992 Reserve Components Surveys, which permit a matched comparison...
Persistent link: https://www.econbiz.de/10010261932
The wages of part-time workers are considerably lower than are those of full-time workers. Measurable worker and job characteristics, including occupational skill requirements, account for much of the part-time penalty. Longitudinal analysis indicates that much of the remaining gap reflects...
Persistent link: https://www.econbiz.de/10010262011