Estimating Strike Effects in a General Model of Prices and Quantities

Morley Gunderson () and Angelo Melino ()

Journal of Labor Economics, 1987, vol. 5, issue 1, pages 1-19

Abstract: Estimates of the effect of strikes on the production, price, and purchases of North American automobiles are provided over the period 1966-79. The estimates are based on a model that reflects the decisions of both consumers and producers, and captures important intertemporal adjustments to allow for inventory buildup in anticipation of inventory depletion during, and replacements after, a strike. The results indicate that consumers and producers rationally responded to the strike through a variety of related intertemporal adjustment and, while the initial effects can be quite pronounced, the long-run effects are usually minimal. Copyright 1987 by University of Chicago Press.

Date: 1987
View citations in EconPapers

Downloads: (external link)
http://links.jstor.org/sici?sici=0734-306X%2819870 ... O%3B2-Z&origin=repec full text (application/pdf)
Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:ucp:jlabec:v:5:y:1987:i:1:p:1-19

Ordering information: This journal article can be ordered from
http://www.journals.uchicago.edu/JOLE/order1.html

Access Statistics for this article

Journal of Labor Economics is edited by Derek A. Neal

More articles in Journal of Labor Economics from University of Chicago Press
Address: The University of Chicago Press, Journals Division, P.O. Box 37005 Chicago, IL 60637
Series data maintained by Christopher F. Baum ().