The quality of labor relations and unemployment
By: Olivier Blanchard, Thomas Philippon.
Contributors: Philippon, Thomas.; National Bureau of Economic Research.
Series: NBER working paper series ;; working paper 10590; Working paper series (National Bureau of Economic Research : Online) ;; working paper no. 10590.
Publisher: National Bureau of Economic Research
Published: 2004
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Subjects: Industrial relations -- Europe -- Case studies.; Unemployment -- Europe -- Case studies.; Wages -- Europe -- Case studies.
Genres: Case studies.
Description: "In countries where wages are primarily set by collective bargaining, the effects on unemployment of changes in the economic environment depend crucially on the speed of learning of unions.  This speed of learning is likely to depend in turn on the quality of the dialogue that unions have with firms, on what can more generally be called the quality of labor relations.  In this paper, we examine the role this quality of labor relations has played in the evolution of unemployment across European countries over the last 30 years.  We conclude that it has played an important role: Countries with worse labor relations have experienced higher unemployment.  This conclusion remains even after controlling for labor institutions"--National Bureau of Economic Research web site.
Notes: Includes bibliographical references.
Title from PDF file as viewed on 1/27/2005.
Also available in print.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.