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http://hdl.handle.net/10419/33502
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| Title: | | Does the quality of industrial relations matter for the macro economy? A cross-country analysis using strikes data  |
| Authors: | | Addison, John T. Teixeira, Paulino |
| Issue Date: | | 2006 |
| Series/Report no.: | | IZA Discussion Papers 1968 |
| Abstract: | | Using international data, we investigate whether the quality of industrial relations matters for the macro economy. We measure industrial relations inversely by strikes - which proxy we cross-check with an industrial relations reputation indicator - and our macro performance outcome is the unemployment rate. Independent of the role of other institutions, good industrial relations do seem to matter: greater strike volume is associated with higher unemployment. Holding country effects constant, however, the sign of the variable is reversed. This fixed-effects result likely picks up a direct effect of strikes, namely, their tendency to rise when striking becomes more attractive to the union. |
| Subjects: | | strike rate/volume quality of labor relations labor market institutions unemployment |
| JEL: | | E24 J52 J53 J64 J65 |
| Document Type: | | Working Paper |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
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