The paper contributes to the discussion about the possible trends and processes towards decentralization of wage bargaining or wage setting within the OECD-countries since the 1970s. Based on a data set of 16 OECD countries from 1950 to 2000 our results show that in terms of bargaining level the...

Abstract We propose that one of the main causes of shortcomings in European labour markets is the existence of corporative cartels, through which the state has delegated various forms of regulatory power to employers and employees that act as cartels. Analysis indicates that these cartel...