A certain country has a very centralized collective, Ask an Expert

Economics

A certain country has a very centralized collective bargaining, under which wage bargains are applied nationally. This country is thinking about adopting a bargaining structure that is more decentralized so that wage bargains will be made at the individual plant or firm level.

How would you expect decentralization to affect wages and unemployment?

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9480828

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