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The Role of Unions in the Twenty-first CenturyA Report for the Fondazione Rodolfo Debenedetti$
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Tito Boeri, Agar Brugiavini, and Lars Calmfors

Print publication date: 2001

Print ISBN-13: 9780199246588

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0199246580.001.0001

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Bargaining Structure and Macroeconomic Performance

Bargaining Structure and Macroeconomic Performance

Chapter:
(p.86) 5 Bargaining Structure and Macroeconomic Performance
Source:
The Role of Unions in the Twenty-first Century
Author(s):

Tito Boeri (Contributor Webpage)

Agar Brugiavini

Lars Calmfors (Contributor Webpage)

Alison Booth

Michael Burda (Contributor Webpage)

Daniele Checchi

Bernhard Ebbinghaus (Contributor Webpage)

Richard Freeman

Pietro Garibaldi (Contributor Webpage)

Bertil Holmlund

Robin Naylor

Martin Schludi

Thierry Verdier

Jelle Visser (Contributor Webpage)

Publisher:
Oxford University Press
DOI:10.1093/0199246580.003.0005

The macroeconomics effects of various degrees of coordination in wage bargaining are analysed with a special focus on aggregate wage and unemployment levels. The extent of bargaining coordination may affect wage setting both directly and indirectly because it interacts with other factors, such as economic policy and macroeconomic shocks. The last section discusses how the EMU is likely to affect wage bargaining changing and wage setting.

Keywords:   aggregate wage, bargaining coordination, economic policy, EMU, macroeconomic shocks, macroeconomics effects, unemployment

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