Exchange Rates and Wages in Unionized Labor Markets
Bibliographic Data
| ID | 3534720 |
|---|---|
| Authors | Peter W Wright, Peter Wright (0000-0001-5424-2521), Paulo Bastos (0000-0002-9618-3862) |
| Year | 2012 |
| Volume | 65 |
| Issue | 4 |
| Pages | 975-999 |
| Publication date | 2012-10-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Industrial and Labor Relations Review (JOURNAL) |
| Journal identifiers | ISSN: 0019-7939 • E-ISSN: 2162-271X |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/001979391206500409 |
| OpenAlex | W3124630613 |
| Language | EN |
| Citations received | 1 |
| References cited | 26 |
The authors investigate the impact of exchange rate movements on wage determination in unionized labor markets. Using a simple model of international oligopoly, the authors show that organized labor has a rational incentive to accept lower wages in the face of a currency appreciation. They examine this proposition empirically using a matched worker-firm data set for Portugal and, though the impact varies considerably with worker characteristics, find results consistent with the predictions of the model
Cournot competition · Currency · Economics · Exchange rate · Incentive · Labour economics · Microeconomics · Monetary economics · Oligopoly · Wage · Global trade and economics · Labor Movements and Unions · Merger and Competition Analysis
| Unique citing works | 1 |
|---|---|
| Citations per year | 0.33 |
| Citation span | 2023 - 2023 (1) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 1 |