TY - JOUR AU - DiNardo,John AU - Hallock,Kevin AU - Pischke,Jorn-Steffen TI - Unions and Managerial Pay JF - National Bureau of Economic Research Working Paper Series VL - No. 6318 PY - 1997 Y2 - December 1997 UR - http://www.nber.org/papers/w6318 L1 - http://www.nber.org/papers/w6318.pdf N1 - Author contact info: John DiNardo Ford School of Public Policy 5238 Weill Hall University of Michigan Ann Arbor, MI 48109-3091 Tel: 734/647-7843 Fax: 734/763-9181 E-Mail: jdinardo@umich.edu Kevin F. Hallock ILR School Cornell University 391 Ives Hall (East) Ithaca, NY 14853 Tel: 607/255-3193 E-Mail: kfh7@cornell.edu Jorn-Steffen Pischke CEP London School of Economics Houghton Street London WC2A 2AE UNITED KINGDOM Tel: 44-20-7955-6509 Fax: 44-20-7955-7595 E-Mail: s.pischke@lse.ac.uk AB - Unions compress the wage distribution among workers covered by union contracts. We" ask whether unions also have an effect on the managers of unionized firms. To this end we" collected and assembled data on unionization and managerial pay within firms and industries in" the U.S. and across countries. Generally, we find a negative correlation between executive" compensation and unionization in our cross-section data, but no relationship of changes in" unionization on the growth of compensation of executives over time. Using NLRB elections" data, we find that a loss of union members due to decertification elections is associated with" higher CEO pay, although our estimates are imprecise. With CPS data we consistently find that" where unions are stronger, fewer managers are employed. ER -