Implementing a voluntary wage policy: Lessons from the Irish and Spanish wages policies before the crisis
Despite the relevance given by the Post-Keynesian thought to wage and incomes policies, little attention has been paid to the institutional elements that would favour the unions’ acceptance of a voluntary moderation of wage claims. Recent wage policies have been implemented in European coun...
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doaj-587b5f0fecd14b9c8a51fc5559ffc04e2020-11-25T01:06:12ZengEconomists' Association of VojvodinaPanoeconomicus1452-595X2217-23862014-01-0161110712710.2298/PAN1401107F1452-595X1401107FImplementing a voluntary wage policy: Lessons from the Irish and Spanish wages policies before the crisisFerreiro Jesús0Gómez Carmen1Department of Applied Economics V, University of the Basque Country UPV/EHU, SpainDepartment of Applied Economics V, University of the Basque Country UPV/EHU, SpainDespite the relevance given by the Post-Keynesian thought to wage and incomes policies, little attention has been paid to the institutional elements that would favour the unions’ acceptance of a voluntary moderation of wage claims. Recent wage policies have been implemented in European countries, like Ireland and Spain, which do not fulfil the requirements assumed by corporatist analysis for a successful implementation of wage policies. The success of wage policies in Ireland and Spain, in terms of economic performance and the length of current wage policies, offers a valuable insight on how wages policies can be implemented as a key piece of macroeconomic policy: It also helps our understanding of the institutional framework that favours the implementation of voluntary wages policies.http://www.doiserbia.nb.rs/img/doi/1452-595X/2014/1452-595X1401107F.pdfincomes policywage policiesIrelandSpain |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Ferreiro Jesús Gómez Carmen |
spellingShingle |
Ferreiro Jesús Gómez Carmen Implementing a voluntary wage policy: Lessons from the Irish and Spanish wages policies before the crisis Panoeconomicus incomes policy wage policies Ireland Spain |
author_facet |
Ferreiro Jesús Gómez Carmen |
author_sort |
Ferreiro Jesús |
title |
Implementing a voluntary wage policy: Lessons from the Irish and Spanish wages policies before the crisis |
title_short |
Implementing a voluntary wage policy: Lessons from the Irish and Spanish wages policies before the crisis |
title_full |
Implementing a voluntary wage policy: Lessons from the Irish and Spanish wages policies before the crisis |
title_fullStr |
Implementing a voluntary wage policy: Lessons from the Irish and Spanish wages policies before the crisis |
title_full_unstemmed |
Implementing a voluntary wage policy: Lessons from the Irish and Spanish wages policies before the crisis |
title_sort |
implementing a voluntary wage policy: lessons from the irish and spanish wages policies before the crisis |
publisher |
Economists' Association of Vojvodina |
series |
Panoeconomicus |
issn |
1452-595X 2217-2386 |
publishDate |
2014-01-01 |
description |
Despite the relevance given by the Post-Keynesian thought to wage and incomes
policies, little attention has been paid to the institutional elements that
would favour the unions’ acceptance of a voluntary moderation of wage claims.
Recent wage policies have been implemented in European countries, like
Ireland and Spain, which do not fulfil the requirements assumed by
corporatist analysis for a successful implementation of wage policies. The
success of wage policies in Ireland and Spain, in terms of economic
performance and the length of current wage policies, offers a valuable
insight on how wages policies can be implemented as a key piece of
macroeconomic policy: It also helps our understanding of the institutional
framework that favours the implementation of voluntary wages policies. |
topic |
incomes policy wage policies Ireland Spain |
url |
http://www.doiserbia.nb.rs/img/doi/1452-595X/2014/1452-595X1401107F.pdf |
work_keys_str_mv |
AT ferreirojesus implementingavoluntarywagepolicylessonsfromtheirishandspanishwagespoliciesbeforethecrisis AT gomezcarmen implementingavoluntarywagepolicylessonsfromtheirishandspanishwagespoliciesbeforethecrisis |
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1725190811783528448 |