Wage centralization, union bargaining, and macroeconomic performance /
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Author / Creator: | McHugh, James. |
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Imprint: | [Washington, D.C.] : International Monetary Fund, ©2002. |
Description: | 1 online resource (26 pages) : illustrations |
Language: | English |
Series: | IMF working paper, 2227-8885 ; WP/02/143 IMF working paper ; WP/02/143. |
Subject: | |
Format: | E-Resource Book |
URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12496547 |
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050 | 4 | |a HG3881.5.I58 |b W67 no.02/143 | |
100 | 1 | |a McHugh, James. | |
245 | 1 | 0 | |a Wage centralization, union bargaining, and macroeconomic performance / |c James McHugh. |
260 | |a [Washington, D.C.] : |b International Monetary Fund, |c ©2002. | ||
300 | |a 1 online resource (26 pages) : |b illustrations | ||
336 | |a text |b txt |2 rdacontent | ||
337 | |a computer |b c |2 rdamedia | ||
338 | |a online resource |b cr |2 rdacarrier | ||
490 | 1 | |a IMF working paper, |x 2227-8885 ; |v WP/02/143 | |
504 | |a Includes bibliographical references (pages 25-26). | ||
506 | |3 Use copy |f Restrictions unspecified |2 star |5 MiAaHDL | ||
533 | |a Electronic reproduction. |b [Place of publication not identified] : |c HathiTrust Digital Library, |d 2010. |5 MiAaHDL | ||
538 | |a Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. |u http://purl.oclc.org/DLF/benchrepro0212 |5 MiAaHDL | ||
583 | 1 | |a digitized |c 2010 |h HathiTrust Digital Library |l committed to preserve |2 pda |5 MiAaHDL | |
588 | 0 | |a Print version record. | |
520 | 3 | |a This paper addresses two questions. First, under what circumstances will a centralized wage-bargaining system offer higher output and employment than a decentralized system? Second, what is the relationship between the degree of wage centralization and inflation? The paper argues that centralized wage setting may offer worse outcomes, despite the existence of a negative coordination externality in decentralized wage setting. This is more likely to occur when the legal and institutional environment strengthens the bargaining position of the union in the centralized regime compared with unions operating in a more decentralized regime. Furthermore, as product markets become more competitive, the macroeconomic outcomes in both regimes converge, and the degree of wage centralization becomes irrelevant. | |
546 | |a English. | ||
650 | 0 | |a Labor market |x Econometric models. | |
650 | 0 | |a Labor unions |x Econometric models. | |
650 | 0 | |a Wages |x Econometric models. | |
650 | 0 | |a Collective bargaining |x Econometric models. | |
650 | 0 | |a Industrial relations |x Econometric models. | |
650 | 0 | |a Industrial productivity |x Econometric models. | |
650 | 6 | |a Marché du travail |x Modèles économétriques. | |
650 | 6 | |a Syndicats |x Modèles économétriques. | |
650 | 6 | |a Salaires |x Modèles économétriques. | |
650 | 6 | |a Négociations collectives |x Modèles économétriques. | |
650 | 6 | |a Relations industrielles |x Modèles économétriques. | |
650 | 6 | |a Productivité |x Modèles économétriques. | |
650 | 7 | |a Collective bargaining |x Econometric models. |2 fast |0 (OCoLC)fst00867228 | |
650 | 7 | |a Industrial productivity |x Econometric models. |2 fast |0 (OCoLC)fst00971508 | |
650 | 7 | |a Industrial relations |x Econometric models. |2 fast |0 (OCoLC)fst00971618 | |
650 | 7 | |a Labor market |x Econometric models. |2 fast |0 (OCoLC)fst00990041 | |
650 | 7 | |a Wages |x Econometric models. |2 fast |0 (OCoLC)fst01169604 | |
710 | 2 | |a International Monetary Fund. |b European I Department. |0 http://id.loc.gov/authorities/names/no92021092 | |
776 | 0 | 8 | |i Print version: |a McHugh, James. |t Wage centralization, union bargaining, and macroeconomic performance. |d [Washington, D.C.] : International Monetary Fund, ©2002 |w (OCoLC)50823043 |
830 | 0 | |a IMF working paper ; |v WP/02/143. |0 http://id.loc.gov/authorities/names/no89010263 | |
856 | 4 | 0 | |u http://elibrary.imf.org/view/journals/001/2002/143/001.2002.issue-143-en.xml |y INTERNATIONAL MONETARY FUND |
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928 | |t Library of Congress classification |a HG3881.5.I58W67 no.02/143 |l Online |c UC-FullText |u http://elibrary.imf.org/view/journals/001/2002/143/001.2002.issue-143-en.xml |z INTERNATIONAL MONETARY FUND |g ebooks |i 12140576 |