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Decentralized Bargaining and the Greek Labour Relations Reform (Law 4024/2011)

Nicholas Giannakopoulos and Ioannis Laliotis ()

MPRA Paper from University Library of Munich, Germany

Abstract: We investigate decentralized collective bargaining in Greece (2002-2016) under the industrial relations reform implemented in 2011. We match administrative data on firm-level contracts with non-participating firms to estimate determinants of decentralized bargaining before and after the reform. Decentralized bargaining increased in the post-reform period depending on firm size, industry and location. Nominal wage floors downgraded after 2011 in contacts signed by association of persons rather than trade unions. A base wage premium of 22 percent is found in favour of trade unions. Firm-level bargaining with trade unions is expected to promote decentralized bargaining with outcomes linked to firm-specific characteristics.

Keywords: Labour relations; Decentralized collective bargaining; Nominal wages; Reform; Greece (search for similar items in EconPapers)
JEL-codes: J31 J41 J52 (search for similar items in EconPapers)
Date: 2017-01-31
New Economics Papers: this item is included in nep-eur, nep-lab and nep-law
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Working Paper: Decentralized Bargaining and the Greek Labour Relations Reform (Law 4024/2011) (2017) Downloads
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