Please use this identifier to cite or link to this item: http://hdl.handle.net/10316/11753
Title: Does the Quality of Industrial Relations Matter for the Macro Economy? A Cross-Country Analysis Using Strikes Data
Authors: Addison, John T. 
Teixeira, Paulino 
Keywords: Strike rate/volume; Quality of labor relations; Labor market institutions; Unemployment
Issue Date: 2006
Publisher: FEUC. Grupo de Estudos Monetários e Financeiros
Citation: Estudos do GEMF. 2 (2006)
Abstract: Using international data, we investigate whether the quality of industrial relations matters for the macro economy. We measure industrial relations inversely by strikes – which proxy we cross-check with an industrial relations reputation indicator – and our macro performance outcome is the unemployment rate. Independent of the role of other institutions, good industrial relations do seem to matter: greater strike volume is associated with higher unemployment. Holding country effects constant, however, the sign of the variable is reversed. This fixed-effects result likely picks up a direct effect of strikes, namely, their tendency to rise when striking becomes more attractive to the union.
URI: http://hdl.handle.net/10316/11753
Rights: openAccess
Appears in Collections:FEUC- Vários

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