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Collectively agreed wages in Finland

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  • Pekka Sauramo

Abstract

Collectively agreed wages in Finland are measured by indices which describe contributions of collectively agreed wage increases to increases in average wages. Statistics Finland, which produces the data, constructs the Index of Negotiated Wages and Salaries within the same methodological framework as the Index of Wage and Salary Earnings, which is the most important index describing developments in average wages. Statistics Finland does not utilize information on tariff wage levels in the description of collectively agreed wage developments. Because of a high degree of centralization and co-ordination, collectively agreed wage increases have been similar in various sectors of the economy. Wage drift in the whole economy has been relatively stable without any observed trends.

Suggested Citation

  • Pekka Sauramo, 2012. "Collectively agreed wages in Finland," Working Papers 281, Työn ja talouden tutkimus LABORE, The Labour Institute for Economic Research LABORE.
    • Handle: RePEc:pst:wpaper:281
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    File URL: https://labore.fi/wp-content/uploads/2012/11/Tyopapereita-281.pdf
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    References listed on IDEAS

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    1. Roope Uusitalo & Juhana Vartiainen, 2009. "Finland: Firm Factors in Wages and Wage Changes," NBER Chapters, in: The Structure of Wages: An International Comparison, pages 149-178, National Bureau of Economic Research, Inc.
    2. 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.
    3. Edward P. Lazear & Kathryn L. Shaw, 2009. "The Structure of Wages: An International Comparison," NBER Books, National Bureau of Economic Research, Inc, number laze08-1, May.
    4. Lazear, Edward P. & Shaw, Kathryn L. (ed.), 2009. "The Structure of Wages," National Bureau of Economic Research Books, University of Chicago Press, edition 2, number 9780226470504, August.
    5. Petri Böckerman & Roope Uusitalo, 2006. "Erosion of the Ghent System and Union Membership Decline: Lessons from Finland," British Journal of Industrial Relations, London School of Economics, vol. 44(2), pages 283-303, June.
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    Cited by:

    1. Päällysaho, Miika Matias, 2017. "The Short- and Long-Term Effects of Graduating During a Recession: Evidence from Finland," Working Papers 96, VATT Institute for Economic Research.

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    More about this item

    Keywords

    collective bargaining; collectively agreed wages; wage drift;
    All these keywords.

    JEL classification:

    • C80 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - General
    • J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
    • J52 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Dispute Resolution: Strikes, Arbitration, and Mediation

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