Nonwage benefits as a limited-dependent variable: Implications for the impact of unions |
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Authors: | Augustin Kwasi Fosu |
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Institution: | (1) Oakland University, 48309 Rochester, MI;(2) University of Rochester, 14627 Rochester, NY |
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Abstract: | To better delineate the role of unionism in influencing the provision of nonwage benefits, this article argues that benefits
should be viewed as a limited-dependent variable. Employing such an approach, the study finds that previous OLS estimates
of the union effect embody substantial biases, which vary by industrial and employee-group classification. Moreover, the role
of unionism — plan initiation versus ability to augment benefit levels at established plans — varies according to employee
group, industrial classification, and the type of benefits. |
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Keywords: | |
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