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Wage Bargaining Institutions in Europe. A Happy Marriage or Preparing for Divorce?

In: Social Pacts, Employment and Growth. A Reappraisal of Ezio Tarantelli’s Thought

Author

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  • Jelle Visser

    (University of Amsterdam)

Abstract

The chapter restates Tarantelli’s approach to macroeconomic stabilisation and the role of wage bargaining institutions. It also discusses the patterns and variation in the institutional make-up of wage bargaining since 1980, documenting the evolution of the social pacts stipulated in Europe towards what Tarantelli called ‘decentralised corporatism’ and showing the institutional flexibility of collective agreements, as well as the stability of Tarantelli’s ‘marriage of opposites’.

Suggested Citation

  • Jelle Visser, 2007. "Wage Bargaining Institutions in Europe. A Happy Marriage or Preparing for Divorce?," AIEL Series in Labour Economics, in: Nicola Acocella & Riccardo Leoni (ed.), Social Pacts, Employment and Growth. A Reappraisal of Ezio Tarantelli’s Thought, edition 1, chapter 7, pages 123-156, AIEL - Associazione Italiana Economisti del Lavoro.
    • Handle: RePEc:ail:chapts:02-07
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    File URL: http://link.springer.com/chapter/10.1007/978-3-7908-1923-6_7
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    Citations

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    Cited by:

    1. Giovanni Di Bartolomeo & Patrizio Tirelli & Nicola Acocella, 2008. "Trend inflation as a workers disciplining device in a general equilibrium model," Working Papers 142, University of Milano-Bicocca, Department of Economics, revised Jul 2008.
    2. Bruno Chiarini & Paolo Piselli, 2012. "Equilibrium earning premium and pension schemes: The long-run macroeconomic effects of the union," Discussion Papers 2_2012, D.E.S. (Department of Economic Studies), University of Naples "Parthenope", Italy.
    3. Oesch, Daniel & Rodriguez Menes, Jorge, 2010. "Upgrading or polarization? Occupational change in Britain, Germany, Spain and Switzerland, 1990-2008," MPRA Paper 21040, University Library of Munich, Germany.
    4. Giovanni Di Bartolomeo & Patrizio Tirelli & Nicola Acocella, 2013. "Trend inflation as a workers’ discipline device," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 40(2), pages 215-235, May.

    More about this item

    Keywords

    Tarantelli’s thought; macroeconomic stabilization; social pacts.;
    All these keywords.

    JEL classification:

    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • E64 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Incomes Policy; Price Policy
    • J52 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Dispute Resolution: Strikes, Arbitration, and Mediation

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