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Changes in Union Status, Increased Competition and Wage Growth in the 1980s
Authors:Paul Gregg  and Stephen Machin
Institution:National Institute of Economic and Social Research.;Department of Economics, University College London.
Abstract:This paper reports that unionized firms experienced lower average wage growth than their non-union counterparts between 1984 and 1988. We attempt to evaluate the relative importance of two possible explanatory factors, the union-related legislation of the 1980s, and increases in product market competition. While recognizing that these factors are intertwined, the results suggest the latter is of primary importance.
Keywords:
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