Regional Wage Differentiation and Wage Bargaining Systems in the EU

February 1, 2008

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Athanasios Vamvakidis. Regional Wage Differentiation and Wage Bargaining Systems in the EU, (USA: International Monetary Fund, 2008) accessed November 23, 2024

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

The theoretical literature has argued that a centralized wage bargaining system may result in low regional wage differentiation and high regional unemployment differentials. The empirical literature has found that centralized wage bargaining leads to lower wage inequality for different skills, industries and population groups, but has not investigated its impact on regional wage differentiation. Empirical evidence in this paper for EU regions for the period 1980-2000 suggests that countries with more coordinated wage bargaining systems have lower regional wage differentials, after controlling for regional productivity and unemployment differentials.

Subject: Productivity, Unemployment, Unemployment rate, Wage bargaining, Wages

Keywords: Country, Italy, Wage, Wage differential, WP

Publication Details

Pages:

17
Volume:

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DOI:

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Issue:

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Series:

Working Paper No. 2008/043
Stock No:

WPIEA2008043
ISBN:

9781451869057
ISSN:

1018-5941

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