Institutional determinants of public-private sector linkages
Lamo, Ana (European Central Bank)
Pérez García, Javier J. (Banco de España)
Sánchez-Fuentes, Antonio Jesús (Universidad Complutense de Madrid)
Encuentro Economía Pública (20è : 2013 : Sevilla, Andalusia)

Date: 2013
Abstract: We estimate the probability of public sector leadership - defined as Granger causality from public to private sector wages - in a pool of 18 OECD countries as a function of countries' institutional features. We find that public-private sector causality results are quite heterogeneous across countries. So, we investigate whether this is related to differences in labor and product market institutions, and notably wage-setting institutions, across countries. Government involvement in collective bargaining, bargaining centralization and collective bargaining systems with predominant regional levels' systems are positively correlated with the probability of finding public wage leadership. Among the factors that reduce its probability we can underline the impact of globalization and a level of collective bargaining closer to the company one.
Grants: Ministerio de Economía y Competitividad ECO2012-37572
Rights: Aquest document està subjecte a una llicència d'ús Creative Commons. Es permet la reproducció total o parcial, la distribució, i la comunicació pública de l'obra, sempre que no sigui amb finalitats comercials, i sempre que es reconegui l'autoria de l'obra original. No es permet la creació d'obres derivades. Creative Commons
Language: Anglès
Document: Comunicació de congrés
Subject: Labor market institutions ; Government wages ; Private sector wages ; Causality
ISBN: 9788469569450
Published in: Encuentro Economía Pública. Estado del bienestar: sostenibilidad y reformas. Sevilla, 20è : 2013

Adreça alternativa: https://idus.us.es/xmlui/handle/11441/54219


11 p, 237.9 KB

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Contributions to meetings and congresses > Papers and communications > UAB papers and communications

 Record created 2019-05-09, last modified 2022-06-04



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