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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Main Authors: Ferreiro Jesús, Gómez Carmen
Format: Article
Language:English
Published: Economists' Association of Vojvodina 2014-01-01
Series:Panoeconomicus
Subjects:
Online Access:http://www.doiserbia.nb.rs/img/doi/1452-595X/2014/1452-595X1401107F.pdf
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spelling 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
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