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Author: O'Connell, John F.
Resulting in 1 citation.
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O'Connell, John F. |
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Union Wage Effect: Differential Determinants and Differential Returns Quarterly Review of Economics and Business 20,4 (Winter 1980): 107-117 Cohort(s): Older Men Publisher: Bureau of Economic and Business Research, University of Illinois, see Elsevier Science Keyword(s): Earnings; Industrial Classification; Unions; Wage Differentials; Wage Effects Permission to reprint the abstract has not been received from the publisher. Despite the large amount of research aimed at measuring the union wage effect, relatively little attention has been devoted to its causes. An attempt is made to divide the union wage effect into a portion due to differential earnings determinants and a portion due to differential returns to a set of determinants. A further breakdown is made into factors associated with a particular worker, often equated with productivity, and market factors. The model is tested using the NLS data for Older Men. The results indicate that, quantitatively, unions exert their greatest influence by altering the returns to earnings determinants rather than changing the determinants. It is also shown that unions have little impact on worker productivity. In addition, the ability of unions to extract wages independent of either individual attributes or differential returns to these attributes appears most in transportation, communication, and public utilities. |
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Bibliography Citation
O'Connell, John F. "Union Wage Effect: Differential Determinants and Differential Returns." Quarterly Review of Economics and Business 20,4 (Winter 1980): 107-117.
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