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Average salary for a group of unionized workers

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1. Suppose the average salary for a group of unionized workers is $54000 and comparable non-unionized workers earn $45000. Suppose that in the absence of a union, workers would earn $48000.

  • Calculate the wage differential d^ (observed relative wage gap) between unionized and non-unionized workers.
  • Is this differential influenced by a spillover effect? Is this differential influenced by a threat effect?
  • Calculate the pure wage differential d^p (pure relative wage gap) caused directly by union negotiation alone, without indirect side effects.

2. If the average salary for unionized professors is $60000 and the average for a professor who is not represented by a union is $75000, can you conclude that the unionization causes professor earnings to be lower?

Reference no: EM132404692

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