Abstract
The impact of trade unionism on relative wage rates and on the allocation of resources has been a standard subject of theoretical economic discussion for decades. Trade unions were presumed to be analogous to business monopolies in intent and general strategy and their behaviour deducible from first principles, whereby the economic consequences could be predicted from the established body of value theory.
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Notes
See M. W. Reder, ‘The Theory of Union Wage Policy’, Review of Economics and Statistics (February 1952), pp. 34–45,
Albert Rees, ‘ Union Wage Policies’, Industrial Relations Research Association, Interpreting the Labor Movementy December 1952, pp. 130–148.
See W. S. Woytinsky, Employment and Wages in the United States (1953), ch. 40;
Harry Ober, ‘Occupational Wage Differentials, 1907–1947’, Monthly Labor Review (August 1948);
H. M. Douty, ‘Union Impact on Wage Structures’, Industrial Relations Research Association, Proceedings (December 28–30, 1953), pp. 61–76.
For evidence on this point from one city see L. G. Reynolds, The Structure of Labor Markets (1951), chap. vi.
See Richard A. Lester and Edward A. Robie, Wages under National and Regional Collective Bargaining (1946).
Alfred Marshall, Principles of Economics, 8th edition (1938), pp. 548–549.
See Thomas Kennedy, The Significance of Wage Uniformity (1949).
See L. G. Reynolds, The Structure of Labor Markets (1951), chaps, ix-x; and The Supply of Labor to the Firm’, Quarterly Journal of Economics (May 1946).
Sumner H. Slichter, ‘Notes on the Structure of Wages’, Review of Economics and Statistics (February 1950), pp. 80–91.
See Arthur M. Ross, ‘The Influence of Unionism upon Earnings’, Quarterly Journal of Economics (February 1948), pp. 263–286;
Arthur M. Ross and William Goldner, ‘Forces affecting the Inter-industry Wage Structure’, Quarterly Journal of Economics (May 1950), pp. 254–281;
John T. Dunlop, ‘Productivity and the Wage Structure’, Income, Employment, and Public Policy, Essays in honour of Alvin H. Hansen (1948);
Joseph Garbarino, ‘A Theory of Inter-industry Wage Structure Variation’, Quarterly Journal of Economics (May 1950), pp. 283–305;
Sumner H. Slichter, ‘Notes on the Structure of Wages’, Review of Economics and Statistics (November 1947), pp. 274–285;
Stephen P. Sobotka, ‘Union Influence on Wages: the Construction Industry’, Journal of Political Economy (April 1953), pp. 127–143.
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© 1957 International Economic Association
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Reynolds, L.G. (1957). The Impact of Collective Bargaining on the Wage Structure in the United States. In: Dunlop, J.T. (eds) The Theory of Wage Determination. International Economic Association Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-15205-6_13
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DOI: https://doi.org/10.1007/978-1-349-15205-6_13
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