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|c 5.00 USD
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|z 9781451951097
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a International Monetary Fund.
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|a Industrial Relations and Macroeconomic Performance :
|b An Application to Spain.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 1990.
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|a 1 online resource (42 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a 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.
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|a Mode of access: Internet
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|a IMF Working Papers; Working Paper ;
|v No. 1990/093
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/1990/093/001.1990.issue-093-en.xml
|z IMF e-Library
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