How Successful Have Trade Unions Been? A Utility-Based Indicator of Union Well-Being
AbstractCan conventional economic analysis help in defining and measuring the success of labor unions? In this paper, a general indicator of union welfare is proposed and particular expressions for the wage and employment objectives of unions are rearranged to derive measures of union success or welfare. These indicators combine two measures: union density and the relative union-nonunion wage gap. The indicators are applied to describe the movement of union welfare in the United States over the past eighty years, the differences in union success among groups of U.S. workers, and the variation in union well-being across countries.
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Bibliographic InfoPaper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 3660.
Length: 24 pages
Date of creation: Aug 2008
Date of revision:
Publication status: published in: Industrial and Labor Relations Review, 2009, 62 (2), 47-156.
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Other versions of this item:
- John Pencavel, 2009. "How Successful Have Trade Unions Been? A Utility-Based Indicator of Union Well-Being," Industrial and Labor Relations Review, ILR Review, Cornell University, ILR School, vol. 62(2), pages 147-156, January.
- John Pencavel, 2008. "How Successful Have Trade Unions Been?: A Utility-Based Indicator of Union Well-Being," Discussion Papers 08-002, Stanford Institute for Economic Policy Research.
- J51 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Trade Unions: Objectives, Structure, and Effects
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-08-31 (All new papers)
- NEP-HAP-2008-08-31 (Economics of Happiness)
- NEP-LAB-2008-08-31 (Labour Economics)
- NEP-LTV-2008-08-31 (Unemployment, Inequality & Poverty)
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