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The Theory of Union Wage Rigidity

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  • J. Shister

Abstract

Scope of the paper: systematic analysis of the causes of rigid union wage policies, 522. — Union objectives: income, 523; philosophy, 524. — Demand schedules for union labor: oligopoly, 525; product price rigidity, 527; partial unionization, 528; relative importance of labor cost, 529. — Misinterpretation of the demand schedules: imperfect knowledge, 530; socio-economic structure of unionism, 531; method of negotiating wage agreements, 533. — Arbitrators' decisions, 536. — Employers' attitudes and policies, 539.

Suggested Citation

  • J. Shister, 1943. "The Theory of Union Wage Rigidity," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 57(4), pages 522-542.
    • Handle: RePEc:oup:qjecon:v:57:y:1943:i:4:p:522-542.
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    File URL: http://hdl.handle.net/10.2307/1884654
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    Cited by:

    1. Philip Du Caju & Theodora Kosma & Martina Lawless & Julian Messina & Tairi Rõõm, 2013. "Why firms avoid cutting wages: Survey evidence from European firms," Working Paper Research 251, National Bank of Belgium.
    2. Jan Babecký & Philip Du Caju & Theodora Kosma & Martina Lawless & Julián Messina & Tairi Rõõm, 2010. "Downward Nominal and Real Wage Rigidity: Survey Evidence from European Firms," Scandinavian Journal of Economics, Wiley Blackwell, vol. 112(4), pages 884-910, December.
    3. Herzer, Dierk, 2014. "Unions and income inequality: a heterogenous cointegration and causality analysis," Working Paper 146/2014, Helmut Schmidt University, Hamburg.
    4. Yao Chen & Felix Ward, 2022. "Output Divergence in Fixed Exchange Rate Regimes: Is the Euro Area Growing Apart?," Tinbergen Institute Discussion Papers 22-031/VI, Tinbergen Institute.

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