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A Reconsideration Of The Effects Of Unionism On Relative Wages And Employment In The United States 1920 1980
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Book Synopsis A Reconsideration of the Effects of Unionism on Relative Wages and Employment in the United States, 1920-1980 by : John H. Pencavel
Download or read book A Reconsideration of the Effects of Unionism on Relative Wages and Employment in the United States, 1920-1980 written by John H. Pencavel and published by . This book was released on 1984 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis A Reconsideration of the Effects of Unionism on Relative Wages and Employment in the United States, 1920-80 by : John H. Pencavel
Download or read book A Reconsideration of the Effects of Unionism on Relative Wages and Employment in the United States, 1920-80 written by John H. Pencavel and published by . This book was released on 1984 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: H. Gregg Lewis' estimates of the relative wage effect of unionism between 1920 and 1958 are routinely cited though they have rarely been subject to scrutiny. This paper extends Lewis' data to 1980 and, in particular, we construct a series on union membership that links up with the data available in the 1970's from the Current Population Surveys. We proceed to reexamine the effects of trade unions both on relative wages and on relative man hours worked. Our estimates of the relative wage effect are similar to Lewis' though these are not measured with precision and a wide range of estimates are consistent with the results. With respect to the effect of unionism on relative man hours worked, we are not at all satisfied that the analysis of these data clearly points to the existence of a negative effect.
Book Synopsis Rethinking Labour-Management Relations by : Christopher J. Bruce
Download or read book Rethinking Labour-Management Relations written by Christopher J. Bruce and published by Routledge. This book was released on 2021-03-04 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1991, Rethinking Labour-Management Relations explores how the contemporary system of industrial relations developed and outlines proposals for a better alternative. The book examines the positives and negatives of three systems of industrial relations: a freely operating market for labour where workers bargain individually with employers; a strike-based system of collective bargaining; and, a compulsory arbitration system. It discusses how the strike replaced individual bargaining, highlighting the deficiencies in these respective systems and presenting arbitration as the more efficient and effective way of settling disputes. In doing so, the book emphasises the role of the parties involved in finding solutions and considers how government intervention could be kept to a minimum. Exploring a wealth of literature relating to compulsory arbitration systems around the world and formulating a set of criteria for establishing the best possible form of arbitration, Rethinking Labour-Management Relations will appeal to those with an interest in the history of trade union theory, public policy, and labour law.
Book Synopsis Research Handbook on the Economics of Labor and Employment Law by : Michael L. Wachter
Download or read book Research Handbook on the Economics of Labor and Employment Law written by Michael L. Wachter and published by Edward Elgar Publishing. This book was released on 2012-01-01 with total page 521 pages. Available in PDF, EPUB and Kindle. Book excerpt: ÔWachter and Estlund have assembled a feast on the economic analysis of issues in labor and employment law for scholars and policy-makers. The volume begins with foundational discussions of the economic analysis of the individual employment relationship and collective bargaining. It then progresses to discussions of the theoretical and empirical work on a wide range of important labor and employment law topics including: union organizing and employee choice, the impact of unions on firm and economic performance, the impact of unions on the enforcement of legal rights, just cause for dismissal, covenants not to compete and employment discrimination. Anyone who wants to study what economists have to say on these topics would do well to begin with this collection.Õ Ð Kenneth G. Dau-Schmidt, Indiana University Bloomington School of Law, US This Research Handbook assembles the original work of leading legal and economic scholars, working in a variety of traditions and methodologies, on the economic analysis of labor and employment law. In addition to surveying the current state of the art on the economics of labor markets and employment relations, the volumeÕs 16 chapters assess aspects of traditional labor law and union organizing, the law governing the employment contract and termination of employment, employment discrimination and other employer mandates, restrictions on employee mobility, and the forum and remedies for labor and employment claims. Comprising a variety of approaches, the Research Handbook on the Economics of Labor and Employment Law will appeal to legal scholars in labor and employment law, industrial relations scholars and labor economists.
Book Synopsis Changes Over Time in Union Relative Wage Effects in Great Britain and the United States by : David G. Blanchflower
Download or read book Changes Over Time in Union Relative Wage Effects in Great Britain and the United States written by David G. Blanchflower and published by . This book was released on 1997 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper uses broadly comparable micro data at the level of the individual to examine the extent to which union relative wage effects vary across groups and through time. The main findings may be summarized as follows. a) The union wage gap averages 15% in the US and 10% in Great Britain. b) The gap is positively correlated with the (lagged) unemployment rate, and appears to be untrended in both countries. Union wages are sticky. c) The size of the wage gap varies across groups. In both the US and Great Britain the differential is relatively high in the private sector, in non-manufacturing, for manuals, the young and the least educated. d) In the US there are no differences by race or gender in the size of the differential. In Great Britain it is higher both for women and non-whites. The fact that the differential has remained more or less constant in both Great Britain and the US is a puzzle, particularly given the rapid declines in union membership in both countries. The evidence does not appear to be consistent with the widely held view that union power has been emasculated.
Book Synopsis The Changing Distribution of Earnings in OECD Countries by : A B Atkinson
Download or read book The Changing Distribution of Earnings in OECD Countries written by A B Atkinson and published by OUP Oxford. This book was released on 2008-05-01 with total page 506 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about how much people earn and why the distribution of earnings has been changing over time. The gap between the top and bottom in the United States has widened significantly since 1980. Why has this happened? Is it due to new technologies? What is the role of globalisation? Are there historical precedents? The book begins with the "race" between technology and education, and shows that continuing technical progress does not necessarily imply a continuing rise in dispersion. It then examines the experience of 20 OECD countries over the twentieth century, material presented in the form of 20 country case studies. The book breaks new ground in assembling data on the distribution of individual earnings covering much of the twentieth century and drawing on a variety of under-exploited sources. The findings overturn a number of widely-held beliefs. It is not the earnings of the low paid that have been most affected by the recent changes; widening is largely due to what is happening at the top. The recent rise in earnings dispersion is not unprecedented, but should be seen as part of a longer-run history of successive compression and expansion of earnings differences.
Book Synopsis When Public Sector Workers Unionize by : Richard B. Freeman
Download or read book When Public Sector Workers Unionize written by Richard B. Freeman and published by University of Chicago Press. This book was released on 2007-12-01 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the 1980s, public sector unionism has become the most vibrant component of the American labor movement. What does this new "look" of organized labor mean for the economy? Do labor-management relations in the public sector mirror patterns in the private, or do they introduce a novel paradigm onto the labor scene? What can the private sector learn from the success of collective bargaining in the public? Contributors to When Public Sector Workers Unionize—which was developed from the NBER's program on labor studies—examine these and other questions using newly collected data on public sector labor laws, labor relations practices of state and local governments, and labor market outcomes. Topics considered include the role, effect, and evolution of public sector labor law and the effects that public sector bargaining has on both wage and nonwage issues. Several themes emerge from the studies in this volume. Most important, public sector labor law has a strong and pervasive effect on bargaining and on wage and employment outcomes in public sector labor markets. Also, public sector unionism affects the economy in ways that are different from, and in many cases opposite to, the ways private sector unionism does, appearing to stimulate rather than reduce employment, reducing rather than increasing layoff rates, and developing innovate ways to settle labor disputes such as compulsory interest arbitration instead of strikes and lockouts found in the private sector.
Book Synopsis Economic Evolution and Structure by : Frederic L. Pryor
Download or read book Economic Evolution and Structure written by Frederic L. Pryor and published by Cambridge University Press. This book was released on 1996 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pryor follows the theme of structural complexity through many different subdisciplines of economics to show how the US economy has evolved.
Book Synopsis Worker Satisfaction and Economic Performance by : Morris Altman
Download or read book Worker Satisfaction and Economic Performance written by Morris Altman and published by Routledge. This book was released on 2020-12-15 with total page 462 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book challenges some of the fundamental tenets of "free market" economics that have had a profound impact on public policy and the plight of the American worker. These include the beliefs that high wages inevitably mean low profits; that a "free" market will automatically reduce discrimination and pay inequality; that anti-trust legislation hinders competitive market forces; and that minimum wage laws and trade unions negatively impact the economy.Using both theoretical analysis and real-life examples, the author shows that these myths are a product of unrealistic behavioral assumptions on the part of "free market" economists about the typical worker. In fact, as the author makes clear, the level of workers' satisfaction with their jobs, as a reflection of how well they are paid and treated by their employers, has a direct impact on the quality level of the products they produce and, inevitably, the economic performance of the firms.
Book Synopsis Deunionization's Effect on Income Inequality in the United States in the 1980s by : Daniel Kornfeld
Download or read book Deunionization's Effect on Income Inequality in the United States in the 1980s written by Daniel Kornfeld and published by . This book was released on 1995 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Labour Market Evolution by : George Grantham
Download or read book Labour Market Evolution written by George Grantham and published by Routledge. This book was released on 2002-02-07 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: How have modern labour markets developed? Both labour economists and economic historians agree that it is necessary to look at labour markets in their historical context. Labour Market Evolution does just this. The contributors examine the operation and development of labour markets in Western Europe and North America since 1500. They address the key questions in this complicated process using new quantitative evidence. First, how closely connected were geographically distant labour markets? Second, how flexible were markets in the past - did wages change in response to demand shocks? Did workers move across space and occupations in response to cyclical or seasonal conditions. Third, were relationships between employees and employers short-term or long-term? Why did relationships change, and what were the implications for the flexibility and integration of markets? In examining these factors, this volume draws on modern labour economic theory and up-to-date quantitative techniques to show how current traditions and systems have evolved.
Download or read book Monthly Labor Review written by and published by . This book was released on 1984-08 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publishes in-depth articles on labor subjects, current labor statistics, information about current labor contracts, and book reviews.
Download or read book EBOOK: LABOR ECONOMICS written by BORJAS and published by McGraw Hill. This book was released on 2015-01-16 with total page 595 pages. Available in PDF, EPUB and Kindle. Book excerpt: EBOOK: LABOR ECONOMICS
Book Synopsis Human Agency and Material Welfare: Revisions in Microeconomics and their Implications for Public Policy by : Morris Altman
Download or read book Human Agency and Material Welfare: Revisions in Microeconomics and their Implications for Public Policy written by Morris Altman and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Some of the fundamental tenets of conventional economic wisdom, which have had a profound impact on public policy, are challenged in this book. These precepts include the affirmation that low wages are more beneficial that high wages to the process of growth and development; convergence in terms of output per person is just a matter of time; minimum wage laws and trade unions negatively impact on the economy as a whole; pay inequality due to labor market discrimination cannot persist over time; larger firms are typically more efficient than smaller firms; and culture is of little consequence to the course of economic development. Such predictions, the author argues, are a product of unrealistic behavioral assumptions about the economic agent. In this book, the author offers a more inclusive theoretical framework and a more reasonable modeling of the economic agent. This new approach is built upon conventional neoclassical theory while incorporating the most recent research in behavioral economics. The case is made that individuals have some choice over the quantity and quality of effort which they can supply in the process of production. Even under the constraints of severe product market competition and the assumption of `utility maximizing' individuals, effort need not be maximized, especially in firms characterized by antagonistic management-labor relations. This is especially true when relatively inefficient firms can remain competitive by keeping wages relatively low - low wages serve to protect such firms from more efficient firms. Alternatively, relatively high wage firms can remain competitive only if they become more productive. Under these assumptions, higher wages and factors contributing to higher wages can advance the performance of an economy while lower wages can have the opposite effect and cultural and institutional variables, by themselves, can affect the long run productivity and even the long run competitiveness of firms and economies. In summary, this book calls for a revised approach to the study of economics from a behavioral and socio-economic perspective, with significant consequences for public policy.
Book Synopsis Economic Growth and Fiscal Planning in New York by : William Duncombe
Download or read book Economic Growth and Fiscal Planning in New York written by William Duncombe and published by Routledge. This book was released on 2017-09-08 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: In an era of federal deficits and struggling municipalities, states have emerged as the most significant governmental actors. But state governments face the major challenge of fiscal planning in the midst of economic change. Roy Bahl and William Duncombe tackle this challenge head-on. Using New York as a case study, they identify looming dangers for state revenue and expenditure planning.Bahl and Duncombe begin with the premise that one cannot separate an evaluation of fiscal performance from an evaluation of economic performance. Accordingly, they describe and analyze the patterns of population, employment, and personal income growth. Following this is a study of state and local government finances in New York since 1970 and a recounting of the fiscal adjustments that were taken in the face of slower and then faster growth in the economy.The authors conclude that based on current conditions, the state and its local governments are in for fiscal belt-tightening. They note that the state should take a comprehensive view in planning the development and retrenchment of its government sector. The book is thought-provoking, exhaustively researched, and sensibly written. Its lessons are applicable everywhere and should be read by all those seeking a route through the tangled thicket of government policy for economic growth.
Book Synopsis Worker Participation by : John Pencavel
Download or read book Worker Participation written by John Pencavel and published by Russell Sage Foundation. This book was released on 2002-01-24 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Once they accept a job, most Americans have little control over their work environments. In Worker Participation, John Pencavel examines some of those rare workplaces where employees both own and manage the companies they work for: the plywood cooperatives and forest worker cooperatives of the Pacific Northwest. Rather than relying on abstract theories, Pencavel reviews the actual experiences of these two groups of worker co-ops. He focuses on how worker-owned companies perform when compared to more traditional firms and whether companies operate more efficiently when workers determine how they are run. He also looks at the long-term viability of these enterprises and why they are so unusual. Most businesses are constantly caught in the battle over whether to use the firm's profits to pay labor or to increase capital. Worker cooperatives provide an appealing case study because the interests of labor and capital are aligned. If individuals have a role in setting goals, they should have an added incentive to help meet those goals, and productivity should benefit. On the other hand, observers have long argued that, since any single employee in a co-op reaps only a small benefit from working hard, workers may shirk work, and productivity can flag. Furthermore, co-ops often have difficulty raising capital, since they are constrained by how much money the workers have, and banks are often reluctant to lend them money. Using some fifteen years of data on forty mills in Washington State, Pencavel examines how worker co-ops really function. He assesses the practical problems of running a workplace where every employee is a boss. He looks at worker productivity, on-the-job injuries and financial risks facing owner-workers. He considers whether co-ops are inherently unstable and if they are plagued by infighting among the many worker-owners. Although many of the co-ops he studied have closed or been replaced by conventional businesses, Pencavel judges them to have been a success. Despite the risks inherent in such operations, allowing workers to make the decisions that profoundly affect them produces many benefits, including workplace efficiency and increased job security. However, Pencavel concludes, if more Americans are to enjoy such a working arrangement, labor laws will have to be changed, participation encouraged, and a more vigorous public debate about worker participation must take place. This book provides an excellent place to start the discussion.
Book Synopsis Economics of Employment and Earnings by : Christopher J. Bruce
Download or read book Economics of Employment and Earnings written by Christopher J. Bruce and published by Scarborough, Ont. : Nelson Canada. This book was released on 1995 with total page 680 pages. Available in PDF, EPUB and Kindle. Book excerpt:
