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Unions and Managerial Pay / John DiNardo, Kevin Hallock, Jorn-Steffen Pischke.
- Format:
- Book
- Author/Creator:
- DiNardo, John.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w6318.
- NBER working paper series no. w6318
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 1997.
- Summary:
- Unions compress the wage distribution among workers covered by union contracts. We" ask whether unions also have an effect on the managers of unionized firms. To this end we" collected and assembled data on unionization and managerial pay within firms and industries in" the U.S. and across countries. Generally, 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. Using NLRB elections" data, we find that a loss of union members due to decertification elections is associated with" higher CEO pay, although our estimates are imprecise. With CPS data we consistently find that" where unions are stronger, fewer managers are employed.
- Notes:
- Print version record
- December 1997.
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