Social consensus and incomes policy
Joe Durkan
Open Access publications from School of Economics, University College Dublin
Abstract:
This paper argues that centralised bargaining as practiced in Ireland added to wage inflationary pressure as: the focus of centralised bargaining was the preservation of good industrial relations; the processs of wage negotiation was heavily politicised; and, the system evolved into a two-tier bargaining process. Centralised bargaining was not equivalent to an incomes policy framework. It is no surprise that the economy has failed to adjust to the series of internal and external shocks of the last two decades.
Keywords: Consensus (Social sciences); Ireland--Economic policy; Wage bargaining--Ireland; Wages--Government policy--Ireland (search for similar items in EconPapers)
Pages: 17 pages
Date: 1992
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Citations: View citations in EconPapers (3)
Published in: Economic and Social Review, 23(3) 1992
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http://hdl.handle.net/10197/1066 Open Access version, 1992 (application/pdf)
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Working Paper: Social consensus and incomes policy (1992) 
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Persistent link: https://EconPapers.repec.org/RePEc:ucn:oapubs:10197/1066
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