Azémar, Céline; Desbordes, Rodolphe - Scottish Institute for Research in Economics (SIRE) - 2010
We investigate the effect of a rise in non-wage labour costs (NWLC) on real anufacturing labour costs in OECD countries, taking into account the degree of coordination in the wage bargaining process. We find that, in countries in which wage bargaining is not highly coordinated, 55% of an...