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Wage Differentials, Bargaining Protocols, and Trade Unionism in Mid-Twentieth-Century American Labor Markets

Bibliographic Data

ID3516508
AuthorsJohn Pencavel (John Pencavel is the Pauline K. Levin-Robert L. Levin and Pauline C. Levin-Abraham Levin Emeritus Professor in the Department of Economics at Stanford University, corresponding author)
Year2022
Volume75
Issue1
Pages139-167
Publication date2022-01-01
Open AccessYes
TypeARTICLE
VenueIndustrial and Labor Relations Review (JOURNAL)
Journal identifiersISSN: 0019-7939 • E-ISSN: 2162-271X
PublisherSAGE Publications Inc (PUBLISHER)
DOI10.1177/0019793920928962
OpenAlexW3018181357
LanguageEN
References cited16

Income inequality in the United States has been lower in periods when trade unionism has been strong. Using observations on wages by occupation, by geography, and by gender in collective bargaining contracts from the 1940s to the 1970s, patterns in movements of wage differentials are revealed. As wages increased, some contracts maintained relative wage differentials constant, some maintained absolute differences in wages constant, others combined these two patterns, and some did not reveal an obvious pattern. The patterns persisted even as price inflation increased in the 1970s. The dominant pattern implies a reduction in inequality as usually measured

Collective bargaining · Economics · Efficiency wage · Inequality · Inflation (cosmology) · Labour economics · Real wages · Wage · Wage Inequality · Labor market dynamics and wage inequality · Labor Movements and Unions · Political Economy and Marxism

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Highly citedNo

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