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- W2489387312 abstract "Abstract Macroeconomic coordination refers to the coordination of pay negotiations adopted by a country's bargaining units across the economy. As long as the bargaining units are willing and able to modify their policy to achieve a common goal then there is macroeconomic coordination regardless of how differentiated and decentralized bargaining systems are. A corporatist approach lies on the notion of centralized interest intermediation. Centralized bargaining implies that market discipline can be achieved only with a negotiated and voluntarily established government. This chapter points out how inconsistencies concerning centralization and its implications can be attributed to the contrast of low degrees or bargaining centralization with corporatist practices. This chapter also relates the implications of centralization with such concepts such as internationalization, coordination, and embedding arrangements." @default.
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- W2489387312 date "2001-01-11" @default.
- W2489387312 modified "2023-10-18" @default.
- W2489387312 title "Macroeconomic Wage Coordination" @default.
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- W2489387312 doi "https://doi.org/10.1093/acprof:oso/9780198295549.003.0010" @default.
- W2489387312 hasPublicationYear "2001" @default.
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