Do Centralized Bargains Lead to Wage Moderation? Time-Series Evidence from Finland

Roope Uusitalo

A chapter in Collective Bargaining and Wage Formation, 2005, pp 121-132 from Springer

Abstract: Abstract Empirical research usually generally supports the view that the countries with a more centralized bargaining system have more favourable outcomes than countries where bargaining occurs at the industry level. These studies are usually based on cross-country data. This paper examines the relationship between the degree of centralization and wage increases within a country across years with different degrees of centralization. The key finding is that both bargained and actual nominal wage increases are lower when bargaining takes place at a national level.

Keywords: Wage Increase; Industry Level; Nominal Wage; Wage Growth; Union Contract (search for similar items in EconPapers)
Date: 2005
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Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-7908-1598-6_9

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DOI: 10.1007/3-7908-1598-5_9

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