Union decline raises officers’ relative compensation

Evidence

The effect of union density on officers’ relative compensation is negative and significant in both periods, indicating that a decrease in union density in the long run led to an increase in officers’ share of compensation. — Ken-Hou Lin & Donald Tomaskovic-Devey, Financialization and U.S. Income…, 136

Categorization

• XREF: connects to: Officers’ share of compensation captures the highest executive tier in corporations — Ken-Hou Lin & Donald Tomaskovic-Devey, Financialization and U.S. Income…, 75; Union decline concentrates income at the top — Ken-Hou Lin & Donald Tomaskovic-Devey, Financialization and U.S. Income…, 137; Industrial concentration raises top officers’ share of compensation while employment size lowers it — Ken-Hou Lin & Donald Tomaskovic-Devey, Financialization and U.S. Income…, 145 (+2 more)

Related

• Union density raises both low-level wages and top executive compensation (similarity 0.94)
• Union decline concentrates income at the top (similarity 0.92)
• Industrial concentration raises top officers’ share of compensation while employment size lowers it (similarity 0.89)
• Officers’ share of compensation captures the highest executive tier in corporations (similarity 0.86)
• Unionization decreases income inequality by disciplining employer power (similarity 0.85)

Broader Connections

• Industrial concentration raises top officers’ share of compensation while employment size lowers it #corroborates (0.82) — Ken-Hou Lin & Donald Tomaskovic-Devey, Financialization and U.S. Income…, 145
• Union decline concentrates income at the top #corroborates (0.80) — Ken-Hou Lin & Donald Tomaskovic-Devey, Financialization and U.S. Income…, 137
• Union density raises both low-level wages and top executive compensation #contradicts (0.75) — Ken-Hou Lin & Donald Tomaskovic-Devey, Financialization and U.S. Income…, 139
• Unionization decreases income inequality by disciplining employer power #complicates (0.75) — Nikole Hannah-Jones et al., The 1619 Project, 583