Trade Union Density and Inflation Performance
Evidence from OECD Panel Data
Bibliographic Data
| ID | 9725940 |
|---|---|
| Authors | Christopher Bowdler, Luca Nunziata (0000-0002-0664-3678, University of Padua) |
| Year | 2007 |
| Volume | 74 |
| Issue | 293 |
| Pages | 135-159 |
| Publication date | 2007-02-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Economica (JOURNAL) |
| Journal identifiers | ISSN: 0013-0427 • E-ISSN: 1468-0335 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/j.1468-0335.2006.00532.x |
| OpenAlex | W2166302475 |
| Language | EN |
| Citations received | 7 |
| References cited | 23 |
This paper examines the impact of union membership rates on inflation in OECD countries. A positive effect of union density is estimated, even after controlling for fixed effects and time dummies. Additional institutional characteristics, for example union coordination, employment protection laws and central bank independence, do not affect inflation directly in a panel setting, but do influence the size of the unionization coefficient via interaction terms. The results are robust to controlling for potential common causes such as oil price shocks and the political stance of the government, and to using GMM/IV techniques to handle possible endogeneity biases
Econometrics · Economics · Endogeneity · Fixed effects model · Independence (probability theory) · Inflation (cosmology) · International economics · Macroeconomics · Monetary economics · Panel data · Corporate Finance and Governance · Economic Policies and Impacts · Global trade and economics
Reinterpreting social pacts
On industrial relations and inflation
Monetary effects of inequality
Collective bargaining systems and macroeconomic and microeconomic flexibility
Factors Affecting Union Decline in 18 OECD Countries and their Implications for Labor Movement Reform
Labour Market Institutions and the Personal Distribution of Income in the OECD
How Successful Have Trade Unions Been? A Utility-Based Indicator of Union Well-Being
Trade Unions in Western Europe since 1945
Openness and Inflation
Central Bank Independence and Macroeconomic Performance
The Optimal Degree of Commitment to an Intermediate Monetary Target
Bargaining Structure, Corporatism and Macroeconomic Performance
Some Tests of Specification for Panel Data
Another look at the instrumental variable estimation of error-components models
Initial conditions and moment restrictions in dynamic panel data models
A Positive Theory of Monetary Policy in a Natural Rate Model
The Role of Shocks and Institutions in the Rise of European Unemployment
Mixed Signals
| Unique citing works | 7 |
|---|---|
| Citations per year | 0,39 |
| Citation span | 2008 - 2024 (17) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 7 |