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...

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Bibliografiska uppgifter
Huvudupphovsman: McHugh, James
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2002.
Serie:IMF Working Papers; Working Paper ; No. 2002/143
Länkar:Full text available on IMF