The Impact of Post-Patco Labor Relations on U.S. Union Wages

An augmented Phillips curve model is employed to evaluate the hypothesis that the Professional Air Traffic Controllers Organization (PATCO) strike of 1981 marked the beginning of a structural change in U.S. labor relations, which increased the relative bargaining power of management. After controlli...

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Bibliographic Details
Published in:Eastern economic journal 1997-01, Vol.23 (1), p.61-72
Main Authors: Traynor, Thomas L., Fichtenbaum, Rudy H.
Format: Article
Language:English
Subjects:
Bargaining
Economic growth models
Economic growth rate
Economic models
Employers
Estimates
Forecasting models
Growth rate
Hypotheses
Labor force
Labor law
Labor management relations
Labor relations
Labor strikes
Labor unions
Phillips curve
Political power
Statistical analysis
Strikes
Studies
Time series forecasting
Union
Union labor
Union membership
Wage
Wages
Wages & salaries
Wagner Act 1935-US
Workers
Workforce
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Summary:An augmented Phillips curve model is employed to evaluate the hypothesis that the Professional Air Traffic Controllers Organization (PATCO) strike of 1981 marked the beginning of a structural change in U.S. labor relations, which increased the relative bargaining power of management. After controlling for other factors which influence union wages, the resulting estimates indicate that union wage growth rates, average wages, and total union wage payments were significantly retarded by a structural shift which originated concurrently with the 1981 replacement of striking PATCO members by the federal government.
ISSN:0094-5056
1939-4632