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The Construction Wage Stabilization Program
Author(s) -
ROSS CLARK G.
Publication year - 1978
Publication title -
industrial relations: a journal of economy and society
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.61
H-Index - 57
eISSN - 1468-232X
pISSN - 0019-8676
DOI - 10.1111/j.1468-232x.1978.tb00140.x
Subject(s) - citation , wage , library science , sociology , management , computer science , political science , law , economics
THIS STUDY INVESTIGATES the effect of the Construction Industry Stabilization Committee (CISC) on negotiated unionized construction settlements between 1971 and 1973.’ The results suggest that the CISC reduced negotiated settlements directly by its presence and indirectly through mitigating wage interdependencies, as speculated by D. Q. Mills. After a review of Mills’ tentative findings, estimates of a model incorporating wage interdependence and CISC presence are presented, and the direct and indirect components of the CISC effect are estimated.