Centralisation, Employment and Wage Dispersion
Bibliographic Data
| ID | 9704407 |
|---|---|
| Authors | Robert Rowthorn (University of Cambridge, corresponding author), R E Rowthorn |
| Year | 1992 |
| Volume | 102 |
| Issue | 412 |
| Pages | 506 |
| Publication date | 1992-05-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | The Economic Journal (JOURNAL) |
| Journal identifiers | ISSN: 0013-0133 • E-ISSN: 1468-0297 |
| Publisher | Oxford University Press (OUP) (PUBLISHER) |
| DOI | 10.2307/2234288 |
| OpenAlex | W1963816925 |
| Language | EN |
| Citations received | 26 |
| References cited | 1 |
This paper is about bargaining institutions and their influence on wage dispersion and employment. Using novel statistical measures, it compares labor-market performance in seventeen OECD countries since 1973. It concludes that countries with highly centralized wage bargaining have generally achieved the best performance, combining high employment with low wage dispersion, thereby avoiding certain major inequalities prevalent elsewhere. The paper also presents a formal model of bargaining based on the work of L. Calmfors and J. Driffill (1988). Simulations are used to illustrate how this model generates the kind of outcomes described in the empirical part of the paper. Copyright 1992 by Royal Economic Society
Centralisation · Dispersion (optics · Economics · Efficiency wage · Labour economics · Market economy · Wage · Wage dispersion · Game Theory and Voting Systems · Labor market dynamics and wage inequality · Politics, Economics, and Education Policy
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| Unique citing works | 26 |
|---|---|
| Citations per year | 0,76 |
| Citation span | 1992 - 2024 (33) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 24 |