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Journal of Economic Literature: Vol. 37 No. 3 (September 1999)

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Macroeconomic Performance and Collective Bargaining: An International Perspective

Article Citation

Flanagan, Robert J. 1999. "Macroeconomic Performance and Collective Bargaining: An International Perspective." Journal of Economic Literature, 37(3): 1150-1175.

DOI: 10.1257/jel.37.3.1150

Abstract

This paper critically reviews the research on how collective bargaining systems influence macroeconomic performance in industrialized countries. The review considers effects of bargaining level, coordination, and corporatist institutional arrangements. Key empirical results turn out to be quite fragile, and much of the paper explores issues of measurement and specification that account for the fragility. The paper concludes that complementarities between key institutions and between institutions and the economic environment may be more important for macroeconomic performance than the effects of individual institutions, and it suggests research strategies.

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Authors

Flanagan, Robert J. (Stanford U)

JEL Classifications

E24: Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital
J52: Dispute Resolution: Strikes, Arbitration, and Mediation; Collective Bargaining
J51: Trade Unions: Objectives, Structure, and Effects


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