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

In: Collective Bargaining and Wage Formation

Author

Listed:
  • Roope Uusitalo

    (The Labour Institute for Economic Research)

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.

Suggested Citation

  • Roope Uusitalo, 2005. "Do Centralized Bargains Lead to Wage Moderation? Time-Series Evidence from Finland," Springer Books, in: Hannu Piekkola & Kenneth Snellman (ed.), Collective Bargaining and Wage Formation, pages 121-132, Springer.
  • Handle: RePEc:spr:sprchp:978-3-7908-1598-6_9
    DOI: 10.1007/3-7908-1598-5_9
    as

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    Citations

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    Cited by:

    1. Böckerman, Petri & Laaksonen, Seppo & Vainiomäki, Jari, 2009. "Micro-level Rigidity vs. Macro-level Flexibility: Lessons from Finland," MPRA Paper 15061, University Library of Munich, Germany.
    2. Petri Böckerman & Seppo Laaksonen & Jari Vainiomäki, 2010. "Micro and Macro Level Wage Rigidity: Lessons from Finland," Finnish Economic Papers, Finnish Economic Association, vol. 23(1), pages 27-42, Spring.
    3. Jan-Erik Antipin & Farid Jimmy Boumediene & Pär Österholm, 2014. "On the Usefulness of Constant Gain Least Squares when Forecasting the Unemployment Rate," Applied Economics Quarterly (formerly: Konjunkturpolitik), Duncker & Humblot GmbH, Berlin, vol. 60(4), pages 315-336.
    4. Petri Böckerman & Seppo Laaksonen & Jari Vainiomäki, 2006. "Micro-level evidence on wage rigidities in Finland," Working Papers 219, Työn ja talouden tutkimus LABORE, The Labour Institute for Economic Research LABORE.
    5. Asplund, Rita, 2007. "Finland: Decentralisation Tendencies within a Collective Wage Bargaining System," Discussion Papers 1077, The Research Institute of the Finnish Economy.
    6. Ossi Korkeamäki & Roope Uusitalo, 2009. "Employment and wage effects of a payroll-tax cut—evidence from a regional experiment," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 16(6), pages 753-772, December.
    7. Pekka Sauramo, 2012. "Collectively agreed wages in Finland," Working Papers 281, Työn ja talouden tutkimus LABORE, The Labour Institute for Economic Research LABORE.

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