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Miners' Wages in Post-War Britain: An Application of a Model of Trade Union Behavior

Author

Listed:
  • Alan A. Carruth

    (University of Oxford and Princeton University)

  • Andrew J. Oswald

    (University of Kent)

Abstract

The paper studies the determination of wages in the British coal industry. A utility-maximising model of a trade union is used to represent the behaviour of the National Union of Mineworkers. A non- linear structural model is derived and is estimated by Full Information Maximum Likelihood. The results are quite encouraging: there is support for a neo-classical demand curve for miners' labour, and a significant estimate of workers' relative risk aversion.

Suggested Citation

  • Alan A. Carruth & Andrew J. Oswald, 1984. "Miners' Wages in Post-War Britain: An Application of a Model of Trade Union Behavior," Working Papers 558, Princeton University, Department of Economics, Industrial Relations Section..
  • Handle: RePEc:pri:indrel:175
    as

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    References listed on IDEAS

    as
    1. Robert J. LaLonde, 1984. "Evaluating the Econometric Evaluations of Training Programs with Experimental Data," Working Papers 563, Princeton University, Department of Economics, Industrial Relations Section..
    2. Ashenfelter, Orley C, 1978. "Estimating the Effect of Training Programs on Earnings," The Review of Economics and Statistics, MIT Press, vol. 60(1), pages 47-57, February.
    3. Gary Chamberlain, 1982. "Panel Data," NBER Working Papers 0913, National Bureau of Economic Research, Inc.
    4. Bassi, Laurie J, 1984. "Estimating the Effect of Training Programs with Non-Random Selection," The Review of Economics and Statistics, MIT Press, vol. 66(1), pages 36-43, February.
    5. Laurie J. Bassi, 1983. "The Effect of CETA on the Postprogram Earnings of Participants," Journal of Human Resources, University of Wisconsin Press, vol. 18(4), pages 539-556.
    6. LaLonde, Robert J, 1986. "Evaluating the Econometric Evaluations of Training Programs with Experimental Data," American Economic Review, American Economic Association, vol. 76(4), pages 604-620, September.
    7. Robert LaLonde, 1984. "Evaluating the Econometric Evaluations of Training Programs with Experimental Data," Working Papers 563, Princeton University, Department of Economics, Industrial Relations Section..
    8. repec:fth:prinin:183 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Great Britain; United Kingdom; trade unions;

    JEL classification:

    • J51 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Trade Unions: Objectives, Structure, and Effects

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