Abstract
The consequences of further international product market integration for wage bargaining are discussed. It is argued that current changes in international interactions pose new challenges for wage formation. In particular, the scope for appropriating rents may be affected, and it may become more difficult or costly to maintain centralized wage bargaining arrangements with solidaristic elements. At the same time, the demand for insurance mechanisms may increase, which is a particular challenge for the Nordic countries.
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Andersen, T.M. (2005). International Product Market Integration and Wage Bargaining. In: Piekkola, H., Snellman, K. (eds) Collective Bargaining and Wage Formation. Physica-Verlag HD. https://doi.org/10.1007/3-7908-1598-5_2
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DOI: https://doi.org/10.1007/3-7908-1598-5_2
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