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Bargaining Power and Local Labour Market Influences on Wage Determination

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  • Smith, J.C.

Abstract

This paper uses a unique panel data at the level bargaining group to examine aspects of 'right-to manage' models of wage determination. Empirical measures of firms' and unions' bargaining power are identified and found to be important influences on wage setting.

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File URL: http://www2.warwick.ac.uk/fac/soc/economics/research/workingpapers/2008/bpllm.pdf
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Bibliographic Info

Paper provided by University of Warwick, Department of Economics in its series The Warwick Economics Research Paper Series (TWERPS) with number 455.

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Length: 29 pages
Date of creation: 1996
Date of revision:
Handle: RePEc:wrk:warwec:455

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Related research

Keywords: WAGES; BARGAINING; TIME SERIES;

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  1. David G. Blanchflower & Andrew J. Oswald, 1995. "The Wage Curve," MIT Press Books, The MIT Press, The MIT Press, edition 1, volume 1, number 026202375x, December.
  2. Currie, Janet & McConnell, Sheena, 1992. "Firm-Specific Determinants of the Real Wage," The Review of Economics and Statistics, MIT Press, vol. 74(2), pages 297-304, May.
  3. Layard, Richard & Nickell, Stephen & Jackman, Richard, 2005. "Unemployment: Macroeconomic Performance and the Labour Market," OUP Catalogue, Oxford University Press, Oxford University Press, number 9780199279173, October.
  4. J. A. Hausman, 1976. "Specification Tests in Econometrics," Working papers, Massachusetts Institute of Technology (MIT), Department of Economics 185, Massachusetts Institute of Technology (MIT), Department of Economics.
  5. Kevin Denny & Machin, S, 1991. "The role of profitability and industrial wages in firm level wage determination," Fiscal Studies, Institute for Fiscal Studies, Institute for Fiscal Studies, vol. 12(2), pages 34-45, May.
  6. Arulampalam, W. & Robin A. Naylor & Jeremy P. Smith, 2002. "University of Warwick," Royal Economic Society Annual Conference 2002, Royal Economic Society 9, Royal Economic Society.
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