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The Cost and Benefits of Collective Bargaining

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  • Aidt, T.S.
  • Tzannatos, Z.

Abstract

Co-ordination through collective bargaining is recognised as an influential determinant of labour market and macroeconomic performance. This paper provides a systematic review of the empirical literature on the subject. We focus on comparative studies of labour institutions in the OECD area that try to disentangle the impact of different institutional approaches to collective bargaining from other determinants of macroeconomic performance, and review the recent literature on the interaction between labour market institutions and monetary policy.

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File URL: http://www.econ.cam.ac.uk/research/repec/cam/pdf/cwpe0541.pdf
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Bibliographic Info

Paper provided by Faculty of Economics, University of Cambridge in its series Cambridge Working Papers in Economics with number 0541.

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Date of creation: Sep 2005
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Handle: RePEc:cam:camdae:0541

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Web page: http://www.econ.cam.ac.uk/index.htm

Related research

Keywords: collective bargaining; unions; macroeconomic performance;

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References

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Cited by:
  1. Sánchez, Marcelo, 2008. "Monetary stabilisation in a currency union of small open economies," Working Paper Series 0927, European Central Bank.
  2. Pfister, C., 2007. "Labour market flexibility: what does Banque de France research tell us?," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 10, pages 79-93, Winter.
  3. Tvrdon, Michal, 2007. "Labour Market Flexibility: the Case of Visegrad Countries," MPRA Paper 12314, University Library of Munich, Germany.

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