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Pay-setting Systems in Europe: On-going Development and Possible Reforms

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Author Info
Lars Calmfors
Giancarlo Corsetti
Seppo Honkapohja
John Kay
Willi Leibfritz
Gilles Saint-Paul
Hans-Werner Sinn ()
Xavier Vives

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Abstract

This chapter analyses current pay-setting arrangements in Europe as well as the prospect of reform. It reviews the positive experience of many small European countries that have achieved real wage moderation through co-ordinated collective bargaining as well as the experience of countries where the achievements of collective bargaining are arguably much less positive. In either case, European countries would benefit from more diversity in relative wages.

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Publisher Info
Article provided by CESifo Group Munich in its journal EEAG Report on the European Economy.

Volume (Year): (2004)
Issue (Month): (October)
Pages: 61-83
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:ces:eeagre:v::y:2004:i::p:61-83

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