The Costs and Benefits of Various Wage Bargaining Structures PDF Download
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Author: Alun H. Thomas
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 40
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Book Description
The literature on the relationship between the unemployment rate and wage bargaining fails to separate the offsetting effects of a reduction in competition associated with centralized bargaining and the increased awareness of unemployment externalities. This paper uses OECD data to distinguish these effects. While wages have become more sensitive to changes in the unemployment rate in countries that have switched to centralized wage-bargaining arrangements, the industry wage is not particularly sensitive to internal factors (relative price and productivity shifts) in economies with centralized/industry-level bargaining arrangements. The latter effect dominates in terms of persistently high unemployment and weaker growth.
Author: Alun Thomas
Publisher: International Monetary Fund
ISBN:
Category :
Languages : en
Pages : 34
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Book Description
Author: Alun H. Thomas
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 40
Get Book Here
Book Description
The literature on the relationship between the unemployment rate and wage bargaining fails to separate the offsetting effects of a reduction in competition associated with centralized bargaining and the increased awareness of unemployment externalities. This paper uses OECD data to distinguish these effects. While wages have become more sensitive to changes in the unemployment rate in countries that have switched to centralized wage-bargaining arrangements, the industry wage is not particularly sensitive to internal factors (relative price and productivity shifts) in economies with centralized/industry-level bargaining arrangements. The latter effect dominates in terms of persistently high unemployment and weaker growth.
Author: Alban Thomas
Publisher:
ISBN:
Category :
Languages : es
Pages : 34
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Book Description
Author: James Martin
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 272
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Book Description
Author: Council on Wage and Price Stability (U.S.)
Publisher:
ISBN:
Category : Collective bargaining
Languages : en
Pages : 104
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Book Description
Author:
Publisher:
ISBN:
Category : Collective bargaining
Languages : en
Pages : 348
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Book Description
Author: Charles Craypo
Publisher:
ISBN:
Category : Political Science
Languages : en
Pages : 298
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Book Description
Author: OECD
Publisher: OECD Publishing
ISBN: 9264362576
Category :
Languages : en
Pages : 270
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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: Pierre-Richard Agénor
Publisher: International Monetary Fund
ISBN: 1451854781
Category : Business & Economics
Languages : en
Pages : 98
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Book Description
This paper examines the role of the labor market in the transmission process of adjustment policies in developing countries. It begins by reviewing the recent evidence regarding the functioning of these markets. It then studies the implications of wage inertia, nominal contracts, labor market segmentation, and impediments to labor mobility for stabilization policies. The effect of labor market reforms on economic flexibility and the channels through which labor market imperfections alter the effects of structural adjustment measures are discussed next. The last part of the paper identifies a variety of issues that may require further investigation, such as the link between changes in relative wages and the distributional effects of adjustment policies.
Author: George William Taylor
Publisher: New York : McGraw-Hill
ISBN:
Category : Wages
Languages : en
Pages : 360
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Book Description
