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Unions, Wages and Productivity. The Spanish Case, 1981–2000

  • N. Sánchez-Sánchez
  • B. Sánchez-Robles
Part of the Contributions to Economics book series (CE)

Abstract

The labor market is a crucial institution in any economy. It supplies firms with one of the inputs in the production process, labor. Moreover, it allows potential employees to find a job in accord with their preferences and skills. The smooth functioning of the labor market is thus a key piece in order for economic resources to be allocated efficiently. The performance of the labor market has also implications for relevant macroeconomic variables such as productivity, the unemployment rate or inflation.

Keywords

Labor Market Labor Productivity Total Factor Productivity Collective Bargaining Wage Premium 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag Berlin Heidelberg 2004

Authors and Affiliations

  • N. Sánchez-Sánchez
    • 1
  • B. Sánchez-Robles
    • 1
  1. 1.University of CantabriaSpain

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