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Wage Moderation and Union Structure

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  • Holden, Steinar
  • Raaum, Oddbjorn

Abstract

Models with a single central trade union representing the whole labor market are often taken to illustrate the wage-setting process in the Scandinavian countries. This paper argues that the assumption of a single central trade union is not realistic. Therefore, the authors model an economy with several trade unions. These unions may or may not find it in their interest to cooperate to keep nominal wages down, in effect acting like a central trade union. The authors discuss under what conditions such cooperation is likely to exist. Copyright 1991 by Royal Economic Society.

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Bibliographic Info

Article provided by Oxford University Press in its journal Oxford Economic Papers.

Volume (Year): 43 (1991)
Issue (Month): 3 (July)
Pages: 409-23

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Handle: RePEc:oup:oxecpp:v:43:y:1991:i:3:p:409-23

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Cited by:
  1. Blandine ZIMMER, 2005. "Coordination des négociations salariales en UEM : un rôle majeur pour la BCE," Working Papers of BETA 2005-09, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
  2. Holden,S., 1999. "Wage setting under different monetary regimes," Memorandum 12/1999, Oslo University, Department of Economics.
  3. Barth, Erling & Bratsberg, Bernt & Naylor, Robin A. & Raaum, Oddbjørn, 2002. "Explaining Variations in Wage Curves: Theory and Evidence," Memorandum 03/2002, Oslo University, Department of Economics.
  4. Lorenzo Forni, 2004. "Centralization of wage bargaining and the unemployment rate: revisiting the hump-shape hypothesis," Temi di discussione (Economic working papers) 492, Bank of Italy, Economic Research and International Relations Area.
  5. Barkbu,B.B. & Nymoen,R. & Roed,K., 2001. "Wage coordination and unemployment dynamics in Norway and Sweden," Memorandum 11/2001, Oslo University, Department of Economics.
  6. Lars Calmfors, 2001. "Wages and Wage-Bargaining Institutions in the EMU – A Survey of the Issues," Empirica, Springer, vol. 28(4), pages 325-351, December.
  7. Steinar Holden, 2001. "Monetary Regimes and the Co-Ordination of Wage Setting," CESifo Working Paper Series 429, CESifo Group Munich.
  8. Blomgren-Hansen, Niels, 2012. "Optimum organization of the labor market in a small open economy," Labour Economics, Elsevier, vol. 19(2), pages 222-231.
  9. Karl Ove Moene & Michael Wallerstein, 1993. "The Economic Performance of Different Bargaining Institutions: A Survey of the Theoretical Literature," Wirtschaft und Gesellschaft - WuG, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik, vol. 19(4), pages 423-450.
  10. Barth, Erling & Zweimuller, Josef, 1993. "Bargaining Regimes and Wage Dispersion," Institute for Research on Labor and Employment, Working Paper Series qt5w75g2d8, Institute of Industrial Relations, UC Berkeley.
  11. Jelle Visser, 2005. "WP 42 - Wage bargaining institutions in europe: A happy marriage or preparing for divorce?," AIAS Working Papers wp42, AIAS, Amsterdam Institute for Advanced Labour Studies.
  12. Calmfors, Lars, 2001. "Wages and wage-bargaining institutions in the EMU – a survey of the issues," Seminar Papers 690, Stockholm University, Institute for International Economic Studies.
  13. Valeri Sorolla-i-Amat, . "Macroeconomic Effects In Centralized And Decentralized Wage Setting Systems," UFAE and IAE Working Papers 459.00, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).

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