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http://arks.princeton.edu/ark:/88435/dsp01kw52j806x| Title: | Miners' Wages in Post-War Britain: An Application of a Model of Trade Union Behavior |
| Authors: | Oswald, Andrew Alan A. Carruth |
| Issue Date: | 1-Jul-1984 |
| Citation: | Economic Journal, Vol. 95, No. 380, December 1985 |
| Series/Report no.: | Working Papers (Princeton University. Industrial Relations Section) ; 175 |
| Abstract: | The paper studies the determination of wages in the British coal industry. A utility—maximising model of a trade union is used to represent the behaviour of the National Union of Mineworkers. A non- linear structural model is derived and is estimated by Full Information Maximum Likelihood. The results are quite encouraging: there is support for a neo-classical demand curve for miners’ labour, and a significant estimate of workers‘ relative risk aversion. |
| URI: | http://arks.princeton.edu/ark:/88435/dsp01kw52j806x |
| Related resource: | http://links.jstor.org/sici?sici=0013-0133%28198512%2995%3A380%3C1003%3AMWIPBA%3E2.0.CO%3B2-V |
| Appears in Collections: | IRS Working Papers |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| 175.pdf | 1.87 MB | Adobe PDF | View/Download |
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