BARGAINING POWER, STRIKE DURATIONS, AND WAGE OUTCOMES - AN ANALYSIS OF STRIKES IN THE 1880S

Authors
CARD D OLSON CA
Citation
D. Card et Ca. Olson, BARGAINING POWER, STRIKE DURATIONS, AND WAGE OUTCOMES - AN ANALYSIS OF STRIKES IN THE 1880S, Journal of labor economics, 13(1), 1995, pp. 32-61
Citations number
42
Categorie Soggetti
Industrial Relations & Labor",Economics
Journal title
Journal of labor economics → ACNP
ISSN journal
0734306X
Volume
13
Issue
1
Year of publication
1995
Pages
32 - 61
Database
ISI
SICI code
0734-306X(1995)13:1<32:BPSDAW>2.0.ZU;2-F
Abstract
Strike outcomes in the 1880s had a ''winner-take-all'' character. Succ essful strikes ended with a discrete wage gain; failed strikes ended w ith a return to work at the prestrike wage. We present a theoretical i nterpretation of these outcomes based on a war-of-attrition model. We fit an empirical model specifying the capitulation times of the two pa rties and the size of the wage gain in the event of a strike success. The results show a systematic relation between the determinants of str ike success and the determinants of the wage gain for a successful str ike.