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Deregulation and the Labor Market

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Author Info
Peoples, James
Abstract

This paper examines the earnings and employment effect of deregulation in the trucking, railroad, airlines, and telecommunications industries. Findings on nonmanagement workers suggest labor earnings fell sharply in trucking, somewhat in airlines, slightly in telecommunications, and barely in railroads. In contrast, the work force size dramatically increased in trucking and airlines, held steady in telecommunications, and fell dramatically in railroads. The earnings patterns of managers mirrors that of their highly unionized work force. These findings are interpreted as evidence that rent-sharing was not unique to union workers in these industries. Copyright 1998 by American Economic Association.

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Publisher Info
Article provided by American Economic Association in its journal Journal of Economic Perspectives.

Volume (Year): 12 (1998)
Issue (Month): 3 (Summer)
Pages: 111-30
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Handle: RePEc:aea:jecper:v:12:y:1998:i:3:p:111-30

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. David Card, 1986. "The Impact of Deregulation on the Employment and Wages of Airline Mechanics," NBER Working Papers 1847, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  2. Michael H. Belzer, 1995. "Collective bargaining after deregulation: Do the Teamsters still count?," Industrial and Labor Relations Review, ILR Review, ILR School, Cornell University, vol. 48(4), pages 636-655, July.
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(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Abigail Wozniak, 2006. "Product Markets and Paychecks: Deregulation's Effect on the Compensation Structure in Banking," IZA Discussion Papers 1957, Institute for the Study of Labor (IZA). [Downloadable!]
    Other versions:
  2. Jorge Saba Arbache, 1999. "Trade Liberalisation and Insider Power: The Case of Brazil," Studies in Economics 9902, Department of Economics, University of Kent. [Downloadable!]
  3. Eijffinger, Sylvester C.W. & Rossi, Alberto G.P., 2006. "Structural reforms and growth : product and labor market deregulations," Discussion Paper 112, Tilburg University, Center for Economic Research. [Downloadable!]
    Other versions:
  4. Friebel, Guido & McCullough, Gerard & Padilla Angulo, Laura, 2008. "Patterns of Restructuring: The U.S. Class 1 Railroads from 1984 to 2004," CEPR Discussion Papers 6836, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
  5. Horst Feldmann, 2008. "Business regulation and labor market performance around the world," Journal of Regulatory Economics, Springer, vol. 33(2), pages 201-235, April. [Downloadable!] (restricted)
  6. Daniele Checchi & Claudio Lucifora, 2002. "Unions and labour market institutions in Europe," Departemental Working Papers 2002-16, Department of Economics University of Milan Italy. [Downloadable!]
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  7. Natália Pimenta Monteiro, 2004. "Regulatory reform and the Portuguese banking labour market: two decades later," NIPE Working Papers 10/2004, NIPE - Universidade do Minho. [Downloadable!]
  8. Natália Monteiro, 2009. "Regulatory reform and labour earnings in Portuguese banking," Empirical Economics, Springer, vol. 36(3), pages 557-574, June. [Downloadable!] (restricted)
    Other versions:
  9. Alan Krueger, 2004. "The Economics of Real Superstars: The Market for Rock Concerts in the Material World," Working Papers 863, Princeton University, Department of Economics, Industrial Relations Section.. [Downloadable!]
    Other versions:
  10. Severin Borenstein & Nancy L. Rose, 2007. "How Airline Markets Work...Or Do They? Regulatory Reform in the Airline Industry," NBER Working Papers 13452, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  11. Jeff Borland, 2000. "Economic Explanations of Earnings Distribution Trends in the International Literature and Application to New Zealand," Treasury Working Paper Series 00/16, New Zealand Treasury. [Downloadable!]
  12. Barry T. Hirsch & Edward J. Schumacher, 2000. "Private Sector Union Density and the Wage Premium: Past, Present, and Future," Working Papers 0015, East Carolina University, Department of Economics. [Downloadable!]
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  13. Orley Ashenfelter, 1977. "Unemployment as Disequilibrium in a Model of Aggregate Labor Supply," Working Papers 484, Princeton University, Department of Economics, Industrial Relations Section.. [Downloadable!]
    Other versions:
  14. Sandra E. Black & Philip E. Strahan, 2001. "The Division of Spoils: Rent-Sharing and Discrimination in a Regulated Industry," American Economic Review, American Economic Association, vol. 91(4), pages 814-831, September. [Downloadable!] (restricted)
  15. Dennis W. Carlton & Randal C. Picker, 2007. "Antitrust and Regulation," NBER Working Papers 12902, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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