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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.

Suggested Citation

  • Smith, J.C., 1996. "Bargaining Power and Local Labour Market Influences on Wage Determination," The Warwick Economics Research Paper Series (TWERPS) 455, University of Warwick, Department of Economics.
    • Handle: RePEc:wrk:warwec:455
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    File URL: https://warwick.ac.uk/fac/soc/economics/research/workingpapers/2008/bpllm.pdf
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    References listed on IDEAS

    as
    1. Layard, Richard & Nickell, Stephen & Jackman, Richard, 2005. "Unemployment: Macroeconomic Performance and the Labour Market," OUP Catalogue, Oxford University Press, number 9780199279173.
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    8. 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.
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    More about this item

    Keywords

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    JEL classification:

    • J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population

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