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Author: Mr.Ramana Ramaswamy Publisher: International Monetary Fund ISBN: Category : Business & Economics Languages : en Pages : 38
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: Mr.Ramana Ramaswamy Publisher: International Monetary Fund ISBN: Category : Business & Economics Languages : en Pages : 38
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: Mr.Eswar Prasad Publisher: International Monetary Fund ISBN: Category : Business & Economics Languages : en Pages : 36
Book Description
This paper analyzes the effects of the labor market reforms launched in the early 1980s by the Conservative government led by Mrs. Thatcher. It is argued that the increase in the growth of labor productivity in manufacturing after 1980 as well as the improvement in the responsiveness of employment to variations in output can be largely attributed to the success of the reforms in reducing industrial disputes and removing a number of structural impediments in the labor market. However, the reforms did not succeed in moderating real wage growth or improving the tradeoff between wage inflation and unemployment. This is attributed to certain aspects of the wage bargaining system and the influence of relative wage norms in the process of wage determination.
Author: Toke Aidt Publisher: Directions in Development ISBN: Category : Business & Economics Languages : en Pages : 188
Book Description
This book offers an extensive survey and synthesis of the economic literature on trade unions and collective bargaining and their impact on micro-and macro-economic outcomes. The authors demonstrate the effects of collective bargaining in different country settings and time periods. A comprehensive reference, this book will be of interest to students and scholars of labor policy as well as to policy makers and anyone with an interest in the economic consequences of unionism.
Author: International Monetary Fund. Interdepartmental Working Group on Fund Policy Advice Publisher: ISBN: Category : Economics Languages : en Pages : 92
Author: Mr.Ramana Ramaswamy
Author: Mr.Ramana Ramaswamy
Author: 
Author: Ramana Ramaswamy
Author: Mr.Eswar Prasad
Author: 
Author: MARGARET R. KELLY, IAN S. McDONALD, ROZLYN COLEMAN AND SARA KANE
Author: 
Author: Toke Aidt
Author: International Monetary Fund. Interdepartmental Working Group on Fund Policy Advice
Author: