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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: 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: Isabela Mares Publisher: Cambridge University Press ISBN: 1107320909 Category : Political Science Languages : en Pages : 203
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.
Author: OECD Publisher: OECD Publishing ISBN: 9264362576 Category : Languages : en Pages : 270
Book Description
Collective bargaining and workers’ voice are often discussed in the past rather than in the future tense, but can they play a role in the context of a rapidly changing world of work? This report provides a comprehensive assessment of the functioning of collective bargaining systems and workers’ voice arrangements across OECD countries, and new insights on their effect on labour market performance today.
Author: Torben Iversen Publisher: Cambridge University Press ISBN: 9780521645324 Category : Business & Economics Languages : en Pages : 244
Book Description
Examines why some countries have much higher unemployment rates than others. Explores wage bargaining institutions, macro-economic policy regimes, and the welfare state. Argues that unemployment is the outcome of interaction between the centralization of the wage bargaining system and the character of the monetary policy regime.
Author: International Monetary Fund Publisher: International Monetary Fund ISBN: 1451951094 Category : Business & Economics Languages : en Pages : 42
Book Description
The paper analyzes the macroeconomic implications of different systems of industrial relations. After reviewing the relevant literature, and analyzing cross-country evidence, the paper focuses on the experience of centralized bargaining characterizing Spain in the period 1979-86. The paper argues, in accordance with the literature and the cross-country evidence, that the centralization of bargaining yielded positive macroeconomic effects in Spain, and thus that the shift toward a more decentralized setting after 1987 carries several risks. This conclusion is based on an empirical analysis of the wage setting process and of the evolution of labor shares in income.
Author: Nils Gottfries Publisher: Bloomsbury Publishing ISBN: 1137321806 Category : Business & Economics Languages : en Pages : 565
Book Description
Written in a clear and direct style, this is the ideal core textbook for students who seek a thorough understanding of the applications of macroeconomic theory. The book combines theoretical rigour with numerous illustrative examples and engaging policy discussions. This highly-respected author has developed an innovative new approach to teaching macroeconomics, based on combining microeconomic foundations with Keynesian-style short-run policy analysis to build one unified model. Gottfries' critically-acclaimed and highly relevant approach reinforces learning and makes it easier for students to comprehend, providing the ideal preparation either for work or for further postgraduate study. The book is perfect for the higher-level intermediate macroeconomics courses, as well as offering a potential bridge between undergraduate level study and the step up to postgraduate and research level theory and content. Key features of this book include: - A real-world approach that takes into account the many market imperfections and rigidities that characterize economies in action. - An international approach using examples from a variety of world economies, and the ongoing comparison of US, UK and EU market behaviours. - Theory supported and illustrated by the presentation and analysis of real-world data. - Detailed coverage of both long and short run approaches, and the closed and open economies.
Author: Mr.James McHugh Publisher: INTERNATIONAL MONETARY FUND ISBN: 9781451856354 Category : Business & Economics Languages : en Pages : 0
Book Description
This paper addresses two questions. First, under what circumstances will a centralized wage-bargaining system offer higher output and employment than a decentralized system? Second, what is the relationship between the degree of wage centralization and inflation? The paper argues that centralized wage setting may offer worse outcomes, despite the existence of a negative coordination externality in decentralized wage setting. This is more likely to occur when the legal and institutional environment strengthens the bargaining position of the union in the centralized regime compared with unions operating in a more decentralized regime. Furthermore, as product markets become more competitive, the macroeconomic outcomes in both regimes converge, and the degree of wage centralization becomes irrelevant.
Author: Toke Aidt
Author: Toke Aidt
Author: Isabela Mares
Author: OECD
Author: Richard Layard
Author: Assar Lindbeck
Author: Torben Iversen
Author: International Monetary Fund
Author: Karl Ove Moene
Author: Nils Gottfries
Author: Mr.James McHugh