Artikel
Wage coordination in new and old EU member states
Aside from employment protection laws, which have been converging, other labor market institutions in new and old EU member states, such as wage bargaining coordination and labor union density, still differ considerably. These labor market institutions also differ among the new EU member states, with the Baltic countries being much more liberal than the others. Research that pools data on old and new EU member states shows that wage coordination mechanisms can improve a country’s macroeconomic performance. Stronger wage coordination and higher union density reduce the response of inflation to the business cycle.
- Sprache
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Englisch
- Erschienen in
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Journal: IZA World of Labor ; ISSN: 2054-9571 ; Year: 2016 ; Bonn: Institute for the Study of Labor (IZA)
- Klassifikation
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Wirtschaft
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
- Thema
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labor market institutions
wage coordination
union density
Phillips curve
exchange rate pass-through
- Ereignis
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Geistige Schöpfung
- (wer)
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Rovelli, Riccardo
- Ereignis
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Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
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Bonn
- (wann)
-
2016
- DOI
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doi:10.15185/izawol.222
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
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Objekttyp
- Artikel
Beteiligte
- Rovelli, Riccardo
- Institute for the Study of Labor (IZA)
Entstanden
- 2016
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