Regional Wage Differentiation and Wage Bargaining Systems in the European Union

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, indus...

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Bibliographic Details
Main Author: Athanasios Vamvakidis
Format: Article
Language:English
Published: Institute of Public Finance 2009-03-01
Series:Financial Theory and Practice
Subjects:
Online Access:http://www.ijf.hr/eng/FTP/2009/1/vamvakidis.pdf