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dc.contributor.authorDiNardo, John
dc.contributor.authorHallock, Kevin F.
dc.contributor.authorPischke, Jorn-Steffen
dc.description.abstractUnions compress the wage distribution among workers covered by union contracts. We ask whether unions also have an effect on the managers of unionized firms. To this end we collected and assembled data on unionization and managerial pay within firms and industries in the U.S. and across countries. Generally, we find a negative correlation between executive compensation and unionization in our cross-section data, but no relationship of changes in unionization on the growth of compensation of executives over time. Using NLRB elections data, we find that a loss of union members due to decertification elections is associated with higher CEO pay, although our estimates are imprecise. With CPS data we consistently find that where unions are stronger, fewer managers are employed.
dc.rightsRequired Publisher Statement: Copyright is held by the authors.
dc.subjectwage distributions
dc.subjectmanagerial pay
dc.titleUnions and Managerial Pay
dc.description.legacydownloadsHallock36_Unions_and_Managerial_Pay.pdf: 326 downloads, before Oct. 1, 2020.
local.authorAffiliationDiNardo, John: University of California-Irvine
local.authorAffiliationHallock, Kevin F.: Cornell University
local.authorAffiliationPischke, Jorn-Steffen: Massachusetts Institute of Technology

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