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Medientyp:
E-Artikel
Titel:
Deregulation and the Labor Market
Beteiligte:
Peoples, James
Erschienen:
American Economic Association, 1998
Erschienen in:Journal of Economic Perspectives
Sprache:
Englisch
DOI:
10.1257/jep.12.3.111
ISSN:
0895-3309
Entstehung:
Anmerkungen:
Beschreibung:
<jats:p>This paper examines the earnings and employment effect of deregulation in the trucking, railroad, airlines, and telecommunications industries. Findings on nonmanagement workers suggest labor earnings fell sharply in trucking, somewhat in airlines, slightly in telecommunications, and barely in railroads. In contrast, the work force size dramatically increased in trucking and airlines, held steady in telecommunications, and fell dramatically in railroads. The earnings patterns of managers mirrors that of their highly unionized work force. These findings are interpreted as evidence that rent-sharing was not unique to union workers in these industries.</jats:p>