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It is well known that the lack of information often leads to the difficulty of decentralised decision units solving coordination problems through market functioning. In labour market the lack of information is often characterised by asymmetric information on heterogeneous labour skills and the...
Persistent link: https://www.econbiz.de/10005600532
The aim of the paper is to combine the systemic approach to labour market institutions with the analysis of the role played by the organisational forms of the bargaining partners, which favour coordination both inter partes and intra partes, in order to characterise the 19 countries considered....
Persistent link: https://www.econbiz.de/10005600536
In labour market part of the coordination process involves the matching between job skills and vacancies requiring specific skills. On the side of unemployed workers, the process requires a searching activity based on the gathering of information on available vacancies, the related wages and...
Persistent link: https://www.econbiz.de/10005176516
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Persistent link: https://www.econbiz.de/10005176517