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Wages in Rail Markets: Deregulation, Mergers, and Changing Network Characteristics

Davis, David E. et al.
Munich Personal RePEc Archive · Reports
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The Stagger’s Act of 1980 largely deregulated the Class I Railroad industry and has had profound effects on labor. Between 1978 and 1994, employment in the industry decreased by about 60 percent, while real wages (average compensation) increased by over 40 percent. Earlier research examined emplo
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