Union Contracts and Money Wage Changes in U. S. Manufacturing Industries
Wayne Vroman
The Quarterly Journal of Economics, 1982, vol. 97, issue 4, 571-594
Abstract:
This paper analyzes the relationship between wage changes negotiated in selected large collective bargaining agreements and industry-wide changes in average hourly earnings. Multiple regressions are used to examine the relationship in two-digit manufacturing industries for the period 1958II to 1978IL Negotiated wage changes are found to have a major impact on overall movements in hourly earnings. The estimated equations have potential applications for short-run wage forecasting and for policy analyses.
Date: 1982
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Persistent link: https://EconPapers.repec.org/RePEc:oup:qjecon:v:97:y:1982:i:4:p:571-594.
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