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Testing between Competing Models of Wage and Employment Determination in Unionized Markets

Bibliographic Data

ID10196551
AuthorsThomas MaCurdy (0000-0002-5138-9373), Thomas E MaCurdy, John Pencavel, John H Pencavel
Year1986
Volume94
Issue3, Part 2
PagesS3-S39
Publication date1986-06-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueJournal of Political Economy (JOURNAL)
Journal identifiersISSN: 0022-3808 • E-ISSN: 1537-534X
PublisherUniversity of Chicago Press (PUBLISHER • US)
DOI10.1086/261398
OpenAlexW2021442623
LanguageEN
Citations received46
References cited15

Two models of wage and employment determination in unionized markets are routinely exposited. According to one, wage and employment outcomes are on the firm's labor demand curve; according to the other, wages and employment are on the partie' contract curve. This paper spells out an empirical procedure that discriminates between these two models and applies this procedure to the particular case of the newspaper industry and the International Typographical Union. The labor demand curve model is inconsistent with our data, while the contract curve model comes closer to describing our observations

Advertising · Business · Demand curve · Economics · Efficiency wage · Labor demand · Labor union · Labour economics · Microeconomics · Newspaper · Wage · Global trade and economics · Merger and Competition Analysis · Transport and Economic Policies

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Unique citing works46
Citations per year1,12
Citation span1985 - 2026 (42)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 27

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