| Author: | Flanagan, R. J. |
| Title: | Macroeconomic performance and collective bargaining: An international perspective |
| Journal: | Journal of Economic Literature
1999 : SEP, VOL. 37:3, p. 1150-1175 |
| Index terms: | International Macroeconomics Collective bargaining Employment Trade unions Uncertainty |
| Language: | eng |
| Abstract: | Findings and uncertainties about how collective bargaining systems influence macroeconomic outcomes are examined, incl. e.g. inflation, unemployment, the aggregate and adjustment real wage levels, and pay dispersion. There is postwar evidence drawn on from advanced industrialized economies of Western Europe, North America, Japan, Australia and New Zealand. There is provided a brief introduction to the varieties of institutional structures. Compared are the main theoretical ideas that guide research into the relationship btw. collective bargaining systems and economic performance with postwar experience in industrialized countries. In addition, some apparent reasons for the fragile empirical results are explored. |
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