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Collective bargaining and wage formation : performance and challenges

Author: Hannu Piekkola; Kenneth Snellman
Publisher: Heidelberg ; New York, NY : Physica-Verlag, ©2005.
Series: Series A (Elinkeinoelämän Tutkimuslaitos (Finland)), 39.; Tutkimuksia (Palkansaajien tutkimuslaitos (Finland)), 91.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
This volume considers the development of the wage formation and wage bargaining institutions as a response to changes in the bargaining environment. These changes include a lower level of inflation and the growth in intraindustrial trade as firms have become more specialised. The response to these changes will depend on the current institutions and on the characteristics of the bargaining system. Generally there has  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Collective bargaining and wage formation.
Heidelberg ; New York, NY : Physica-Verlag, ©2005
(DLC) 2004111081
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Hannu Piekkola; Kenneth Snellman
ISBN: 3790815586 9783790815580 3790815985 9783790815986 6610235139 9786610235131
OCLC Number: 239701540
Description: 1 online resource (ix, 186 pages) : illustrations.
Contents: Cover --
Preface --
Table of Contents --
Introduction and Summary --
1 The Basic Issues --
2 The Articles in this Volume --
References --
International Product Market Integration and Wage Bargaining --
Abstract --
1 Introduction --
2 Trends in Integration --
3 Intra-Industrial Trade and Wage Formation --
3.1 The Elasticity Effect --
3.2 Wage Spill-Over and Wage Norms --
3.3 Pressure for Wage Differentiation --
4 Risk and Insurance --
5 Concluding Remarks --
References --
Comment on Torben M. Andersen's Paper --
References --
Wage Formation under Low Inflation --
Abstract --
1 Introduction --
2 The Effect of Downward Nominal Wage Rigidity (DNWR) --
3 The Effect of Inflation on Staggered Nominal Wage Contracts --
4 Incomplete Labour Contracts and Nominal Wage Growth --
5 Multi-Level B argaining and the Co-ordination of Wage Setting --
6 Near-Rational Wage and Price Setters --
7 Empirical Evidence --
8 Will Society Adapt? --
9 Concluding Remarks --
References --
Comment on Steinar Holden's Paper --
The Finnish Bargaining System: Actors' Perceptions --
Abstract --
1 Introduction --
2 The Finnish Wage Bargaining System --
3 Central Results of the Survey --
3.1 Performance of the Present System --
3.2 Views on Reform Needs in the Bargaining System --
3.3 Views on Reform Towards Company-level Wage Formation --
3.4 Taxes, Social Security and Incomes Policy --
3.5 EMU Adjustment --
4 Conclusions --
References --
Productivity, Incentives and Relative Wages --
Abstract --
1 Introduction --
2 Productivity and Wage Distribution in Finland in Comparison to the US --
3 A Model of Labour Market Regulation and Relative Wag --
4 Incentives and Wage Formation --
5 A Note on Incentives, Individual Effort and Wage Bargaining --
6 Conclusion --
References --
Local Bargaining and Employers' Co-operation Options --
Abstract --
1 Introduction --
2 Data and Methods --
2.1 Data --
2.2 Methods --
3 Employers' Desire for Local Bargaining --
3.1 Descriptive Analysis --
3.2 Econometric Analysis --
3.3 Decision on the Locally Bargained Wage Share --
4 Concluding Remarks --
References --
Appendix --
Do Centralized Bargains Lead to Wage Moderation? Time-Series Evidence from Finland --
Abstract --
1 Motivation --
2 Empirical Results --
3 Discussion --
References --
Finnish Wage Bargaining --
Actual Behaviour and Preferences --
1 Introduction --
2 The Choice of Bargaining Level --
3 Actual Behaviour in Past Decades --
4 Opinions on Bargaining and Their Relation to Earlier Behaviour --
5 Conclusion --
References --
Is the Labour Share Too Low in Finland? --
1 Introduction --
2 Equilibrium Labour Income Share (ELIS) --
3 ELIS in Finland: The Importance of Relative Prices --
4 ELIS in Finland: The Importance of Labour-Saving Technical Change --
5 ELIS and Imperfect Competition in the Product Market --
6 ELIS and NAIRU --
7 What was the Situation in 2001? --
8 Future Prospects --
References --
Bargaining on Pensions: The Finnish Pension Reform of 2001-2002 --
Abstract.
Series Title: Series A (Elinkeinoelämän Tutkimuslaitos (Finland)), 39.; Tutkimuksia (Palkansaajien tutkimuslaitos (Finland)), 91.
Responsibility: Hannu Piekkola, Kenneth Snellman, (editors).
More information:

Abstract:

Hannu Piekkola and Kenneth Snellman ETLA, The Research Institute of the Finnish Economy, Helsinki, Finland The Labour Institute for Economic Research, Helsinki, Finland 1 The Basic Issues Wages have  Read more...

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