Publication:
The rise and fall of centralized wage bargaining

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dc.affiliation.dptoUC3M. Departamento de Economíaes
dc.contributor.authorOrtigueira, Salvador
dc.contributor.editorUniversidad Carlos III de Madrid. Departamento de Economía
dc.date.accessioned2011-10-11T18:50:23Z
dc.date.available2011-10-11T18:50:23Z
dc.date.issued2011-08-29
dc.description.abstractDuring the three decades spanning the early 50’s to the early 80’s, the wagesetting process in most Northern European countries was dominated by centralized bargaining, where peak level labor and employer associations set wages nationwide. In the early 80’s centralized wage bargaining began to collapse. In this paper we assess a novel explanation both for the initial establishment of a centralized wagesetting process, and for its subsequent collapse. According to our theory, centralized wage bargaining was set up as a response to the spillovers created by the unemployment benefit program. Its collapse was the result of the increase in the productivity gap across workers, brought about by equipment-specific technological progress and equipment-skill complementarity
dc.format.mimetypeapplication/pdf
dc.identifier.issn2340-5031
dc.identifier.repecwe1129
dc.identifier.urihttps://hdl.handle.net/10016/12264
dc.identifier.uxxiDT/0000000907
dc.language.isoeng
dc.relation.ispartofseriesUC3M Working papers. Economics
dc.relation.ispartofseries11-29
dc.rightsAtribución-NoComercial-SinDerivadas 3.0 España
dc.rights.accessRightsopen access
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.subject.ecienciaEconomía
dc.subject.jelJ31
dc.subject.jelJ41
dc.subject.jelJ51
dc.subject.otherWage-Bargaining Arrangements
dc.subject.otherUnemployment Benefits
dc.subject.otherEquipment-Specific Technological Progress
dc.subject.otherEquipment-Skill Complementarity
dc.titleThe rise and fall of centralized wage bargaining
dc.typeworking paper*
dc.type.hasVersionSMUR*
dspace.entity.typePublication
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