Regional Wage Differentiation and Wage Bargaining Systems in the EU
IMF Working Papers, February 1, 2008
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- Regional Wage Differentiation and Wage Bargaining Systems in the EU
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Bibliographic details
- Authors: Athanasios Vamvakidis
- Published: February 1, 2008
- Series: IMF Working Papers
- DOI: https://doi.org/10.5089/9781451869057.001
Overview
- Theoretical literature: centralized wage bargaining may result in low regional wage differentiation and high regional unemployment differentials.
- Empirical literature prior to this paper: centralized wage bargaining leads to lower wage inequality across different skills, industries, and population groups, but had not investigated regional wage differentiation.
- Contribution of this paper: provides empirical evidence for EU regions for the period 1980-2000 on the relationship between wage bargaining coordination and regional wage differentials.
Key empirical findings
- Empirical evidence for EU regions for the period 1980-2000 suggests that countries with more coordinated wage bargaining systems have lower regional wage differentials.
- This relationship holds after controlling for regional productivity and unemployment differentials.
Subject matter and keywords
- Subject: Productivity, Unemployment, Unemployment rate, Wage bargaining, Wages
- Keywords: country, Italy, wage, wage differential, WP
Data, scope, and format
- Geographic scope: EU regions
- Time coverage: period 1980-2000
- Pages: 17
- Volume: 2008
- Issue: 043
- Series: Working Paper No. 2008/043