Wage Centralization, Union Bargaining, and Macroeconomic Performance /

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 wa...

Descrición completa

Detalles Bibliográficos
Autor Principal: McHugh, James
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2002.
Series:IMF Working Papers; Working Paper ; No. 2002/143
Acceso en liña:Full text available on IMF