Unemployment, Wages and Collective Bargaining in the European Union

Topics:
Collective Bargaining
Tags:
Benefits,
Collective Bargaining,
European Union,
Human Resources,
Labor Relations,
Payroll Solutions,
Salary,
Unemployment,
Washington State University
Source:
Washington State University

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Overview: The paper questions the predominant view on unemployment and wages in the European Union according to which high unemployment is primarily caused by labor market rigidities, i.e. social institutions and regulations which prevent "market-clearing" real wage levels and structures. Weakened labor union bargaining power and changing collective bargaining strategies have contributed to this result. It is therefore concluded that the current EU economic and employment policies aiming at further wage restraint; wage differentiation and decentralization of collective bargaining are deeply misguided.

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Format: PDF | Size: 443KB | Date: Sep 2004 | Pages: 36

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