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| Author: | Lindbeck, A. Snower, D. J. |
| Title: | Centralized bargaining and reorganized work: are they compatible? |
| Journal: | European Economic Review
2001 : DEC, VOL. 45:10, p. 1851-1875 |
| Index terms: | BARGAINING EMPLOYMENT WAGE DETERMINATION WORK ORGANIZATION |
| Language: | eng |
| Abstract: | The paper examines the implications for wage bargaining of an important aspect of the ongoing reorganization of work - the move from occupational specialization toward multi-tasking. The analysis shows how, on account of such reorganization, centralized bargaining becomes increasingly inefficient and detrimental to firms' profit opportunities, since it prevents firms from offering their employees adequate incentives to perform the appropriate mix of tasks. |
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