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A New Labor Conflict Index for Argentina: Preliminary Findings

Author

Listed:
  • Darío Judzik

    (UTDT)

  • Eduardo Levy Yeyati

    (UTDT)

  • Martín Montané

    (UTDT)

Abstract

Labor conflict has been broadly neglected by economists as a sociological issue with limited impact. In this paper, we present a new Labor Conflict Index based on the application of text mining techniques to media data, document that the results are consistent with the existing official data on labor conflicts, and report our preliminary findings. Labor conflict correlates positively (with a 3-quarter lag) with the business cycle, and it precedes by 2 quarters increases in real wages, indicating that conflict may play a role in the procyclical catch up of real wages during expansions.

Suggested Citation

  • Darío Judzik & Eduardo Levy Yeyati & Martín Montané, 2022. "A New Labor Conflict Index for Argentina: Preliminary Findings," Working Papers 120, Red Nacional de Investigadores en Economía (RedNIE).
    • Handle: RePEc:aoz:wpaper:120
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    File URL: https://rednie.eco.unc.edu.ar/files/DT/120.pdf
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    References listed on IDEAS

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    1. Paul J. Devereux & Robert A. Hart, 2011. "A Good Time to Stay Out? Strikes and the Business Cycle," British Journal of Industrial Relations, London School of Economics, vol. 49(Supplemen), pages 70-92, June.
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    4. Hristos Doucouliagos & Richard B. Freeman & Patrice Laroche & T. D. Stanley, 2018. "How Credible Is Trade Union Research? Forty Years of Evidence on the Monopoly–Voice Trade-Off," ILR Review, Cornell University, ILR School, vol. 71(2), pages 287-305, March.
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    Cited by:

    1. Lucas Ordóñez, 2025. "The Transmission of Supply Shocks to Inflation: the Case of Argentina (2004-2022)," Working Papers 351, Red Nacional de Investigadores en Economía (RedNIE).

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