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Author:Andrews, M.
Simmons, R.
Title:Are effort bargaining models consistent with the facts? An assessment of the early 1980s
Journal:Economica
1995 : AUG, VOL. 62:247, p. 313-334
Index terms:ECONOMICS
BARGAINING
MODELS
Language:eng
Abstract:Recent research has attempted to explain the impact of changes in union bargaining on the UK productivity miracle of the 1980s. A central part of these explanations is the concept of "effort" or "working conditions" as an observable component of negotiations. After reviewing the evidence, this paper shows that, in models where effort and wages are jointly negotiated in an environment of weakening union power, a positive effort-wage association - as observed in the early 1980s in the UK - emerges only under quite special assumptions.
SCIMA record nr: 139867
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