The theoretical literature has argued that a centralized wage bargaining system may result in low regional wage … differentiation and high regional unemployment differentials. The empirical literature has found that centralized wage bargaining … countries with more coordinated wage bargaining systems have lower regional wage differentials, after controlling for regional …

The literature on the relationship between the unemployment rate and wage bargaining fails to separate the offsetting … effects of a reduction in competition associated with centralized bargaining and the increased awareness of unemployment … unemployment rate in countries that have switched to centralized wage-bargaining arrangements, the industry wage is not …

with the EU15, Spanish labor market institutions and policies stand out by the structure of its collective bargaining … quantitative analysis, the paper shows that moving away from the intermediate level of bargaining would go a long way toward … reducing employment protection of permanent workers. Substantially reforming the collective bargaining system and reducing the …