ARBITRATOR BEHAVIOR AND THE VARIANCES OF ARBITRATED AND NEGOTIATED WAGE SETTLEMENTS

Authors
CURRIE J
Citation
J. Currie, ARBITRATOR BEHAVIOR AND THE VARIANCES OF ARBITRATED AND NEGOTIATED WAGE SETTLEMENTS, Journal of labor economics, 12(1), 1994, pp. 29-40
Citations number
24
Categorie Soggetti
Industrial Relations & Labor",Economics
Journal title
Journal of labor economics → ACNP
ISSN journal
0734306X
Volume
12
Issue
1
Year of publication
1994
Pages
29 - 40
Database
ISI
SICI code
0734-306X(1994)12:1<29:ABATVO>2.0.ZU;2-V
Abstract
The variance of arbitrated wage settlements is significantly lower tha n the variance of negotiated wage settlements in a sample of teachers' contracts, even when possible selection of contracts into arbitration is accounted for. This result is consistent with the hypothesis that arbitrated settlements do not incorporate all of the information that is reflected in negotiated settlements.