期刊名称:Departmental Discussion Papers / University of Glasgow, Department of Economics
出版年度:2010
卷号:1
出版社:University of Glasgow, Department of Economics
摘要:We investigate the effect of a rise in non-wage labour costs (NWLC) on real manufacturing labour
costs in OECD countries, taking into account the degree of coordination in the wage bargaining
process. We find that, in countries in which wage bargaining is not highly coordinated, 55% of an
increase in NWLC appears to be shifted to workers in the long run, whereas in countries operating
under a highly coordinated bargaining regime, full shifting occurs. Overall, our results suggest that
high NWLC can be associated with a high equilibrium unemployment rate, but only in those OECD
countries that do not have highly coordinated wage bargaining.