Unions and Managerial Pay

John Enrico DiNardo, Kevin F. Hallock and Jorn-Steffen Pischke

Working Papers from California Irvine - School of Social Sciences

Abstract: Unions compress the wage distribution among workers covered by union contracts. We ask whether unions also have an effect on the mangers of unionized firms. To this end we collected and assembled data on unionization and managerial pay within firms and industries in the US and across countries. Genarally, we find a negative correlation between executive compensation and unionization in our cross-section data, but no relationship of changes in unionization on the growth of compensation of executives over time.

Keywords: MANAGERS; WAGES; LABOUR UNIONS (search for similar items in EconPapers)
JEL-codes: J31 J44 J51 (search for similar items in EconPapers)
Date: 1998

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Working Paper: Unions and Managerial Pay (1997)
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