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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP2463 |
DP2463 Restructuring And Productivity Growth In UK Manufacturing | |
Jonathan Haskel; Richard F Disney; Ylva Heden | |
发表日期 | 2000-05-30 |
出版年 | 2000 |
语种 | 英语 |
摘要 | We examine the relationship between the employment and compensation of managers and CEOs and the presence of a unionized workforce. We develop a simple efficiency wage model, with a tradeoff between higher wages for workers and more monitoring, which requires more managers. The model also assumes rent sharing between workers, managers and the owners of the firm. Unions, by redistributing rents towards the workers, lead to lower employment and lower pay for managers. Using a variety of data sets, we examine the implications of the model for the relationship between the employment and wages of managers and unionization. We find several results generally consistent with our model. (1) Both a higher fraction of unionization in an industry and region and a higher union wage differential are associated with fewer managers. (2) Managers' wages are about 5 to 7 percent lower in unionized firms. (3) For CEOs the effects are larger: a 10 percent increase in unionization reduces the pay of CEOs by 2.5 percent or more. |
主题 | Labour Economics |
关键词 | Ceos Executives Managers Unions Wage structure |
URL | https://cepr.org/publications/dp2463 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531541 |
推荐引用方式 GB/T 7714 | Jonathan Haskel,Richard F Disney,Ylva Heden. DP2463 Restructuring And Productivity Growth In UK Manufacturing. 2000. |
条目包含的文件 | 条目无相关文件。 |
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