Collective Bargaining and Wage Formation

1. Front Matter

   Pages I-IX

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2. Introduction and Summary

   • Hannu Piekkola, Kenneth Snellman

   Pages 1-8

3. International Product Market Integration and Wage Bargaining

   • Torben M. Andersen

   Pages 9-34

4. Comment on Torben M. Andersen's Paper

   • Pekka Ilmakunnas

   Pages 35-37

5. Wage Formation under Low Inflation

   • Steinar Holden

   Pages 39-57

6. Comment on Steinar Holden's Paper

   • Tapio Palokangas

   Pages 59-60

7. The Finnish Bargaining System: Actors' Perceptions

   • Jukka Pekkarinen, Kari E.O. Alho

   Pages 61-84

8. Productivity, Incentives and Relative Wages

   • Kari E.O. Alho

   Pages 85-101

9. Local Bargaining and Employers' Co-operation Options

   • Anni Heikkilä, Hannu Piekkola

   Pages 103-119

10. Do Centralized Bargains Lead to Wage Moderation? Time-Series Evidence from Finland

    • Roope Uusitalo

    Pages 121-132

11. Finnish Wage Bargaining — Actual Behaviour and Preferences

    • Kenneth Snellman

    Pages 133-151

12. Is the Labour Share Too Low in Finland?

    • Pekka Sauramo

    Pages 153-168

13. Bargaining on Pensions: The Finnish Pension Reform of 2001–2002

    • Jukka Lassila

    Pages 169-186

Hannu Piekkola and Kenneth Snellman ETLA, The Research Institute of the Finnish Economy, Helsinki, Finland The Labour Institute for Economic Research, Helsinki, Finland 1 The Basic Issues Wages have traditionally been agreed on collectively in Europe. The articles in this volume examine the current state of collective bargaining as well as the ch- lenges it is currently facing. The issues examined in these papers have a wide applicability to problems on the European labour markets. Torben M. Andersen and Steinar Holden review challenges from globalisation and inter-industry trade and the adaptation to a low-inflation environment. The other contributions are part of the project investigating collective bargaining in Finland, carried out by ETLA (the Research Institute of the Finnish Economy) and the Labour Institute for E- nomic Research. Some of them use results from a Finnish survey carried out by the two institutes ETLA and the Labour Institute on the views of employers and employees about labour relations and the labour market negotiation system. Bargaining systems are complex and their future development depends on their historical evolution, recent and past experiences, and the current situation in the labour market, as well as changes in the international environment. By examining the past functioning of the bargaining system one can observe how different e- ments in it have interacted with various factors in the environment of the system.

• Bargaining
• Collective bargaining
• Force ouvrière
• Inflation
• Labor Economics
• Labour Economics
• Wage Formation
• Wage Rigidity

• ETLA, Helsinki, Finland

  Hannu Piekkola

• Labour Institute for Economic Research, Helsinki, Finland

  Kenneth Snellman

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