TY - JOUR
AU - Pencavel, John, H.
AB - Abstract This paper demonstrates that, contrary to a widely held opinion, the determination of the goals of unions is fully amenable to empirical analysis. A characterization of the wage and employment-setting process in unionized markets is adopted, and its qualitative implications examined. The first-order condition for this model is fitted to time series data on the newspaper industry from ten cities. The International Typographical Union's objective function reveals very restricted opportunities for substituting wages for employment in response to a change in the slope of the employer's labor demand function. Larger union locals place greater emphasis on wages versus employment than smaller union locals. * " I am indebted to Paul Chen and Cathy Hartsog for their proficient research assistance, to Thomas MaCurdy, Andrew Oswald, and James Rosse for useful discussions during the preparation of this paper, and to two anonymous referees for their reactions to an early draft. I have also benefited from a Sloan Foundation grant to the Department of Economics at Stanford University. This content is only available as a PDF. © 1984 by the President and Fellows of Harvard College
TI - The Tradeoff Between Wages and Employment in Trade Union Objectives
JF - The Quarterly Journal of Economics
DO - 10.2307/1885523
DA - 1984-05-01
UR - https://www.deepdyve.com/lp/oxford-university-press/the-tradeoff-between-wages-and-employment-in-trade-union-objectives-O40OhuYtle
SP - 215
VL - 99
IS - 2
DP - DeepDyve
ER -