Background
HENDRICKS, Wallace was born in 1945 in Vallejo, California, United States of America.
HENDRICKS, Wallace was born in 1945 in Vallejo, California, United States of America.
Bachelor of Arts, Doctor of Philosophy University California Berkeley, 1967, 1971.
Assistant Professor, Association Professor, University Illinois, 1973-1978, 1978-1982. Professor of Economics, and Laboratory and Industrial Relations, University Illinois, Urbana Champaign, Illinois, United States of America, since 1982.
During my student days at Berkeley, I became interested in both labour and industrial organisation as applied fields. Unlike many of my colleagues, however, I was never really able to make a total choice between the two. This is now reflected in a somewhat unusual combination of interests.
At first, I was able to combine my interests under the general theme of the impact of market structure on outcomes in the labour market. This area of study included the impact of bargaining structure and the impact of regulation of the product market. Studying labour market outcomes of regulation led me to concentrate on regulation within the field of industrial organisation.
At the time, some very interesting work was being started on the application of time-of-use pricing to electricity pricing in the United States of America Along with several colleagues, I became actively involved in the analysis of the data which were being generated by time-of-use pricing experiments funded by the federal
government. These experiments posed interesting methodological problems in dealing with the individual demand data generated by the experiments. The same experimental data also provided the opportunity to design analyses of the costs and benefits of introduction of these pricing schemes.
At the same time, my interests in labour market structure and unions in particular remained.
My earlier work using individual union contract data had yielded valuable results, and I continue to work in that area. More recently this has led to an interest in wage indexation within the union sector (both the reasons for its existence and its impacts) as well as an interest in attempting to measure the impact of unions on productivity.