Abstract

This article examines the depedence of unionization on labor market institutions and long-run trends in inflation, unemployment, and the sectoral composition of the labor force in 18 OECD countries. The large number of contending explanations highlights the difficulty in comparative sociology of drawing confident conclusions when there are few cases to compare. This problem is addressed through diverse evidence-a review of the comparative historical record and a time-series analysis-to form a Bayesian prior distribution, which is combined with a cross-sectional data set to sharpen conventional estimates of economic and institutional effects. This analysis indicates working-class organization in trade unions expanded in the postwar period where labor acquired an institutional influence over capitalist labor markets.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.