TY  - BOOK
AU  - Deschamps,Robert
TI  - Should Wage Bargaining Be Regionalized?
PY  - 2003///.
							
N1  - 94
N2  - At first glance, the collective wage bargaining process in Belgium, which is conducted at the national level, could be blamed for the persistently high unemployment rate in the Walloon region, while a process by region would lead to differentiated wage increases and in turn to lower wages and therefore lower unemployment in that region. This paper shows that such a reasoning is too limited because whereas lower labor costs would be welcome in the Walloon region in order to create more jobs, it is unlikely that a higher unemployment rate would lead toward wage moderation. In addition, regional bargaining could eventually backfire through spillover effects on social security
UR  - https://shs.cairn.info/journal-reflets-et-perspectives-de-la-vie-economique-2003-4-page-71?lang=en
ER  -