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Why break down centralized wage bargaining?

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  • Tyrväinen, Timo

Abstract

This paper reviews recent research on different modes of bargaining and their impact on economic performance. The aim is to examine whether a shift from a centralized bargaining procedure towards a less centralized mode would be favourable. The case is discussed in the special Scandinavian context where the relevant option is a shift from highly centralized wage bargaining to permanent industry-level bargaining. We wish to find out whether any of the existing research using a variety of models - both theoretical and empirical ones would support the proposed shift. We did not find any strong argument in favour of it.

Suggested Citation

  • Tyrväinen, Timo, 1989. "Why break down centralized wage bargaining?," Bank of Finland Research Discussion Papers 22/1989, Bank of Finland.
    • Handle: RePEc:zbw:bofrdp:rdp1989_022
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    References listed on IDEAS

    as
    1. Jackman, R., 1989. "Wage Formation In The Nordic Countries Viewed From An International Perspective," Papers 335, London School of Economics - Centre for Labour Economics.
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    3. Vartia, Tor Eriksson & Antti Suvanto, & Pentti,, 1989. "Wage Setting in Finland," Discussion Papers 286, The Research Institute of the Finnish Economy.
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    8. Newell, A. & Symons, J. S. V., 1987. "Corporatism, laissez-faire and the rise in unemployment," European Economic Review, Elsevier, vol. 31(3), pages 567-601, April.
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