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Bargaining power and local labour market in°uences on wage determination

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  • Smith, Jennifer C.

Abstract

This paper uses a unique panel of data at the level of the bargaining group to examine aspects of `right-to-manage' models of wage determination. Empirical measures of ¯rms' and unions' bargaining power are identi¯ed and found to be important in°uences on wage setting. The role of union characteristics in wage determination is examined; results con¯rm their importance and illuminate previous survey ¯ndings. Features of the local labour market are shown to a®ect bargained wages over and above the in°uence of aggregate factors

Suggested Citation

  • Smith, Jennifer C., 1996. "Bargaining power and local labour market in°uences on wage determination," Economic Research Papers 268704, University of Warwick - Department of Economics.
  • Handle: RePEc:ags:uwarer:268704
    DOI: 10.22004/ag.econ.268704
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