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Wage Centralization, Union Bargaining, and Macroeconomic Performance

Wage Centralization, Union Bargaining, and Macroeconomic Performance »

Volume/Issue: 2002/143

Series: IMF Working Papers

Author(s): James McHugh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2002

DOI: http://dx.doi.org/10.5089/9781451856354.001

ISBN: 9781451856354

Keywords: wage centralization, wage, aggregate demand, monetary policy, Trade Unions: Objectives, Structure, and Effects, Central Banking, and the Supply of Money and Credit: General,

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...

Wage Centralization, Union Bargaining, and Macroeconomic Performance

Wage Centralization, Union Bargaining, and Macroeconomic Performance »

Source: Wage Centralization, Union Bargaining, and Macroeconomic Performance

Volume/Issue: 2002/143

Series: IMF Working Papers

Author(s): James McHugh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2002

ISBN: 9781451856354

Keywords: wage centralization, wage, aggregate demand, monetary policy, Trade Unions: Objectives, Structure, and Effects, Central Banking, and the Supply of Money and Credit: General,

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...