Union Contracts and Money Wage Changes in U.S. Manufacturing Industries
分析1958-1978年美国制造业中大型集体谈判协议约定的工资变动与行业平均时薪变化的关系,发现谈判工资对时薪整体变动有显著影响,可用于短期工资预测和政策分析。
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.