Indexation and Incomes Policy: A Study of Wage Adjustment in Unionized Manufacturing
AbstractData from nearly 200 collective bargaining units are used to study the frequency of wage changes from 1957 to 1978. It is shown that in comes policies during the Kennedy, Johnson, and Nixon administrations encouraged changes in the length of time between wage adjustments. I nflation, often thought to be responsible for fluctuations in the co verage of indexing provisions, is found to play virtually no role. Th e conclusion is that government intervention in the wage-price proces s aroused fears that the government will intervene again in the futur e. In the presence of this uncertainty, the wage-adjustment provision s of collective bargaining contracts were changed. Copyright 1987 by University of Chicago Press.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by University of Chicago Press in its journal Journal of Labor Economics.
Volume (Year): 5 (1987)
Issue (Month): 3 (July)
Contact details of provider:
Web page: http://www.journals.uchicago.edu/JOLE/
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
This item has more than 25 citations. To prevent cluttering this page, these citations are listed on a separate page. reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Journals Division).
If references are entirely missing, you can add them using this form.