Striking Features of the Labor Market: Empirical Evidence
William Greene and
Ana Paula Martins
Journal of Economics and Econometrics, 2013, vol. 56, issue 2, 25-53
Abstract:
The present paper aims at explaining strike incidence, measured by the proportion of strikers observed in each sector, and strike severeness, proxied by a measure of mean strike hours lost per worker in each industry. We find that Industry concentration dissuades striking – more concentrated sectors provide higher wage growth, hence, strike disputes are rarer and terminate more quickly. A positive firm size effect was encountered more often than the industry concentration one, suggesting a link to monitoring problems. Tenure length seems to affect strike activity positively. Unionization has a positive effect on strike occurrence, as expected, but not always significant.
Keywords: Strikes, asymmetric information, signaling, labor contracts, part-time work; mean or grouped data and limited dependent variables, binary choice models with mean or grouped data; sample selection with mean data. (search for similar items in EconPapers)
JEL-codes: C24 C25 D82 J41 J52 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (4)
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Persistent link: https://EconPapers.repec.org/RePEc:eei:journl:v:56:y:2013:i:2:p:25-53
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