Tag

Organisation – OECD

What do unions do at the large scale? Macro-economic evidence from a panel of OECD countries

By | Case-study, Social dialogue, UK

Abstract

This paper investigates the long-run relationship between trade unionism and productivity using a panel data set comprising of 18 OECD economies. Much of the existing evidence on this issue derives from micro-economic studies, with limited attention paid to long-run dynamics and economy-wide effects. Using the mean group and pooled mean group estimation techniques on cross-country panel data, the paper offers support to the “productivity-increasing face of unionism” hypothesis, revealing a positive relationship between trade union density and per worker output.

 

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The Cost and Benefits of Collective Bargaining

By | Social dialogue

Abstract

Co-ordination through collective bargaining is recognised as an influential determinant of labour market and macroeconomic performance. This paper provides a systematic review of the empirical literature on the subject. We focus on comparative studies of labour institutions in the OECD area that try to disentangle the impact of different institutional approaches to collective bargaining from other determinants of macroeconomic performance, and review the recent literature on the interaction between labour market institutions and monetary policy.
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