Labour Disputes in the Twentieth Century: an International Comparison and Evaluation of Theories

Laszlo Goerke () and Jakob B. Madsen ()

Homo Oeconomicus, 2004, vol. 20, pages 391-422

Abstract: Using panel data for 20 OECD countries over the period from 1903 to 1999 we examine the extent to which institutional, political, microeconomic and macroeconomic theories can explain strike activity over time and across countries. The empirical evidence shows that inflation, deflation, income shares, and shareholder wealth are influential for strikes. The evidence is therefore consistent with the economic and the political theories of strikes. Furthermore, we find evidence for the withering away hypothesis.

Date: 2004
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Persistent link: http://EconPapers.repec.org/RePEc:hom:homoec:v:20:y:2004:p:391-422

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