Union-Nonunion Differences in Pension Fund Investments and Earnings
Bibliographic Data
| ID | 3480239 |
|---|---|
| Authors | Stuart Dorsey, J A Turner (0000-0002-8208-7896, Baker University), John Turner (0000-0002-6111-5122) |
| Year | 1990 |
| Volume | 43 |
| Issue | 5 |
| Pages | 542 |
| Publication date | 1990-07-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Industrial and Labor Relations Review (JOURNAL) |
| Journal identifiers | ISSN: 0019-7939 • E-ISSN: 2162-271X |
| Publisher | JSTOR (PUBLISHER) |
| DOI | 10.2307/2523327 |
| OpenAlex | W4247353776 |
| Language | EN |
| Citations received | 1 |
| References cited | 14 |
The authors use IRS data to compare the composition, risk, and rate of return to union pension investments with those of nonunion pension funds. They find almost no differences between single-employer union and single-employer nonunion funds. Collectively bargained, multiemployer funds, however, held less risky portfolios than either union or nonunion single-employer funds. Multi-employer funds averaged a lower risk-adjusted rate of return for 1977-80, but performed as well as nonunion investments from 1981 to 1986. Thus, little evidence is found that "social investing," most likely to occur in multi-employer funds, has increased the risk or consistently reduced the returns of union pension funds
Business · Earnings · Economics · Financial system · Fund of funds · Global assets under management · Institutional investor · Labour economics · Nonunion · Passive management · Pension · Pension Fund · Rate of return · Economic Policies and Impacts · Finance · Financial Literacy, Pension, Retirement Analysis · Firm Innovation and Growth · Global Financial Crisis and Policies · Medicine · Retirement, Disability, and Employment
| Unique citing works | 1 |
|---|---|
| Citations per year | 0,08 |
| Citation span | 2014 - 2014 (1) |
| Citation velocity | historical |
| Highly cited | No |