G2TT
来源类型Discussion paper
规范类型论文
来源IDDP2463
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
URLhttps://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.
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