ABSTRACT

This part introduction presents an overview of the key concepts discussed in the subsequent chapters. The part details the early ideas about fixed wage relatives, most of which grew out of the experience of administering the wage-control program during World War II. It presents formulations of the wage rigidities hypothesis. It develops the concept of internal wage structure, introduced by John Dunlop under the heading of "job clusters," and the selection is of interest in part for the rich concrete material which gives flesh to some of these notions. The part describes contemporary patterns of wage determination in the private sector. It is based upon interviews with labor and management officials. The part emphasis organizational influences and Dunlop's focus on conventional labor and product market factors.