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Racial Inequality in Wealth: Do Labor Unions Matter?

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Abstract:

This project utilizes quantitative data from the NLSY79 to examine whether labor unions offer individual level wealth advantages to members above non-unionized workers. Labor scholars have noted several specific economic benefits of unions, such as increasing wages and access to pensions. However, scholarship has yet to address how labor unions may affect the wealth holdings of individuals working under a union contract. Separately, wealth scholars note that most Americans have little accumulated wealth, with the most common being housing equity and pension funds. Further, black households have significantly less wealth than comparable white households due to historical and contemporary factors that negatively impact life chances of black families. Uncovering a wealth premium accorded to unionism would be an important contribution to several areas of inquiry, as union membership may be an important factor in equalizing the wealth disparity between blacks and whites. As a part of my larger dissertation project, this paper will close by positing empirically informed theoretical considerations for both labor and wealth scholars, as well as delineating implications for the labor movement, public policy and poverty programs.

Most Common Document Word Stems:

union (154), wealth (148), labor (87), black (81), nlsy79 (42), white (36), inequ (36), individu (36), wage (35), racial (32), incom (32), employ (32), american (31), asa (30), without (29), 1979 (29), jon (29), 2004 (29), agnon (29), work (28), submiss (28),

Author's Keywords:

Wealth, labor unions, labor markets, inequality
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Name: American Sociological Association Annual Meeting
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MLA Citation:

Agnone, Jon. "Racial Inequality in Wealth: Do Labor Unions Matter?" Paper presented at the annual meeting of the American Sociological Association Annual Meeting, Sheraton Boston and the Boston Marriott Copley Place, Boston, MA, Jul 31, 2008 <Not Available>. 2010-01-23 <http://www.allacademic.com/meta/p242164_index.html>

APA Citation:

Agnone, J. M. , 2008-07-31 "Racial Inequality in Wealth: Do Labor Unions Matter?" Paper presented at the annual meeting of the American Sociological Association Annual Meeting, Sheraton Boston and the Boston Marriott Copley Place, Boston, MA Online <APPLICATION/PDF>. 2010-01-23 from http://www.allacademic.com/meta/p242164_index.html

Publication Type: Conference Paper/Unpublished Manuscript
Abstract: This project utilizes quantitative data from the NLSY79 to examine whether labor unions offer individual level wealth advantages to members above non-unionized workers. Labor scholars have noted several specific economic benefits of unions, such as increasing wages and access to pensions. However, scholarship has yet to address how labor unions may affect the wealth holdings of individuals working under a union contract. Separately, wealth scholars note that most Americans have little accumulated wealth, with the most common being housing equity and pension funds. Further, black households have significantly less wealth than comparable white households due to historical and contemporary factors that negatively impact life chances of black families. Uncovering a wealth premium accorded to unionism would be an important contribution to several areas of inquiry, as union membership may be an important factor in equalizing the wealth disparity between blacks and whites. As a part of my larger dissertation project, this paper will close by positing empirically informed theoretical considerations for both labor and wealth scholars, as well as delineating implications for the labor movement, public policy and poverty programs.

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Document Type: application/pdf
Page count: 28
Word count: 8774
Text sample:
ASA Submission Jon Agnone 1 -DRAFT: Do not cite without permission- Racial Inequality in Wealth: Do Unions Matter? by Jon Agnone University of Washington Department of Sociology 1100 NE Campus Parkway 223J Condon Hall Seattle WA 98195 agnone@u.washington.edu Abstract This project utilizes quantitative data from the NLSY79 to examine whether labor unions offer individual level wealth advantages to members above non-unionized workers. Labor scholars have noted several specific economic benefits of unions such as increasing wages and access to
in U.S. Wealth Inequality: Methodological Issues and Results." Pp. 765-839 in The Measurement of Saving Investment and Wealth. edited by R. Lipsey and H. S. Tice. Wunnava Phanindra V. and Bradley T. Ewing. 1999. "Union-Nonunion Differentials and Establishment Size: Evidence from the NLSY." Journal of Labor Research 20:177- 183. —. 2000. "Union-Nonunion Gender Wage and Benefit Differentials across Establishment Sizes." Small Business Economics 15:47-57. Zeitlin Maurice and L. Frank Weyher. 2001. "' Black and White Unite and Fight'Interracial :


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