An Exclusive Union Craft Union might use which of the following to increase the wage rate

Abstract

This paper provides a systematic empirical analysis of the effect of union membership on job satisfaction and wages, and shows how the interaction between these effects leads to empirically observable relations between unionization and individual quit probabilities. Using the National Longitudinal Survey of Mature Men, several empirical results were obtained. First, union members, on average, report lower levels of job satisfaction. Interestingly, unionization causes greater dissatisfaction at higher tenure levels. These findings are attributed to both the politicization of the unionized labor force and the fact that union members face flatter earnings profiles. The importance of the latter effect is reflected by the empirical fact that unions have a strong negative effect on quit probabilities at low levels of tenure, but the effect diminishes (absolutely) as tenure increases.

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The Journal of Human Resources examines labor, health, education, welfare, and retirement issues. Focused on policy implications, JHR is intended for scholars, policymakers, and practitioners. The journal includes rigorous and policy-relevant articles along with a communication section that provides up-to-the-minute, short, professional dialogue.

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journal article

Marshall and Friedman on Union Strength

The Review of Economics and Statistics

Vol. 37, No. 4 (Nov., 1955)

, pp. 384-401 (18 pages)

Published By: The MIT Press

//doi.org/10.2307/1925852

//www.jstor.org/stable/1925852

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Journal Information

The Review of Economics and Statistics is an 84-year old general journal of applied (especially quantitative) economics. Edited at Harvard University's Kennedy School of Government, The Review has published some of the most important articles in empirical economics. From time to time, The Review also publishes collections of papers or symposia devoted to a single topic of methodological or empirical interest.

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Among the largest university presses in the world, The MIT Press publishes over 200 new books each year along with 30 journals in the arts and humanities, economics, international affairs, history, political science, science and technology along with other disciplines. We were among the first university presses to offer titles electronically and we continue to adopt technologies that allow us to better support the scholarly mission and disseminate our content widely. The Press's enthusiasm for innovation is reflected in our continuing exploration of this frontier. Since the late 1960s, we have experimented with generation after generation of electronic publishing tools. Through our commitment to new products—whether digital journals or entirely new forms of communication—we have continued to look for the most efficient and effective means to serve our readership. Our readers have come to expect excellence from our products, and they can count on us to maintain a commitment to producing rigorous and innovative information products in whatever forms the future of publishing may bring.

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How does a craft union increase wages?

Industrial unions and craft unions differ in their ways of raising the wages of their members. Craft unions raise the wages of their members by moderating membership, often referred to as exclusive unionism.

How does an exclusive craft union attempt to increase wage rates for its members?

b. With exclusive unionism, a craft union will seek to increase wages by reducing the supply of labor. Occupational licensing is another means of restrict- ing the supply of a particular type of labor.

How a trade union can attempt to increase the wage rate?

The union may attempt raise wages further by sacrificing its employment objective (i.e., by tolerating more unemployment). If the union is quite satisfied with the level of employment as low as would occur at the monopsonistic wage, it could target for a wage much higher than the free market wage.

How does an industry union increase wages quizlet?

Terms in this set (22) Inclusive unions (industrial unions) attempt to improve the wages of their members by imposing an above-equilibrium floor on wages.

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