Wage bargaining regimes and pay outcomes study

A study on wage bargaining schemes and pay outcomes for Eurofound with two elements: A summarising framework of the theory of the institutions involved in wage bargaining systems and more widely, social institutions and economic policy regimes, the specifics of the productive economy and social and demographic characteristics affecting pay outcomes in aggregate economies. Dynamic panel models for a large panel data set of EU Member States, spanning over all available points in time (1990-2012) will be used for empirical estimates on the effect of specific collective bargaining institutions on a variety of dependent variables such as wage growth, wage drift, compensation, labour costs.