Centralized Bargaining and Wage Restraint PDF Download

Author: Michael Wallerstein
Publisher:
ISBN:
Category : Collective bargaining
Languages : en
Pages : 84

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Book Description

Author: Edward J. Amadeo
Publisher:
ISBN:
Category : Collective bargaining
Languages : en
Pages : 50

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Book Description

Author: David A. Brauer
Publisher:
ISBN:
Category : Collective bargaining
Languages : en
Pages : 58

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Book Description

Author: John Driffill
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
The original article with Lars Calmfors predicted that highly coordinated or centralized bargaining would lead to wage restraint and low unemployment. Despite shortcomings, this prediction has survived scrutiny. Recent work suggests that collective bargaining should be seen as part of broader research on institutions and macroeconomic performance in growth.

Author: David Avrum Brauer
Publisher:
ISBN:
Category : Collective bargaining
Languages : en
Pages : 322

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Book Description

Author: Mr.Ramana Ramaswamy
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 38

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Book Description
The main focus of the “wage bargaining” literature has been on the factors promoting real wage flexibility at the macro level. This paper, in contrast, examines the microeconomic issues of wage bargaining. More specifically, this paper appraises the following questions: (a) what are the conditions under which a firm prefers decentralized to centralized bargaining?, (b) what are the characteristic features of firms which prefer decentralized to centralized bargaining?, and (c) has the proportion of firms which prefer decentralized bargaining increased over time? These questions are examined in an efficiency wage model with insider-outsider features. This paper provides useful theoretical insights for understanding the issues involved in shifting from centralized to decentralized wage bargaining.

Author: Assar Lindbeck
Publisher:
ISBN:
Category :
Languages : en
Pages : 40

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Author: Torben Iversen
Publisher:
ISBN:
Category : Monetary policy
Languages : en
Pages : 60

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Book Description

Author: Beth Bilson
Publisher: Routledge
ISBN: 1317228219
Category : Business & Economics
Languages : en
Pages : 233

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Book Description
Since 1945 preventing runaway wage inflation has been regarded as a key policy in managing an economy in a successful way. The exact nature of pay control has varied from country to country and from time to time. This book, originally published in 1987, examines pay control policies in major Western economies. It surveys developments from 1945 and explores the aims of pay policies and discusses the problems of implementation, comparing the different kinds of policies. By comparing the performance of these different approaches the book assesses the merits and pitfalls of the different approaches.

Author: Isabela Mares
Publisher: Cambridge University Press
ISBN: 1107320909
Category : Political Science
Languages : en
Pages : 203

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Book Description
Why were European economies able to pursue the simultaneous commitment to full employment and welfare state expansion during the first decades of the postwar period and why did this virtuous relationship break down during recent decades? This book provides an answer to this question, by highlighting the critical importance of a political exchange between unions and governments, premised on wage moderation in exchange for the expansion of social services and transfers. The strategies pursued by these actors in these political exchanges are influenced by existing wage bargaining institutions, the character of monetary policy and by the level and composition of social policy transfers. The book demonstrates that the gradual growth in the fiscal burden has undermined the effectiveness of this political exchange, lowering the ability of unions' wage policies to affect employment outcomes.