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Wage setting arrangements are widely seen as key ingredients to macro-economic success. Examining their micro-foundations is an urgent task. Drawing on a treasure chest of empirical insights amassed by other social scientists, this ground-breaking book argues that economists have neglected the institutional underpinning of wage bargaining at their peril. Starting from Olson's insight that workers and firms often fail to pursue their collective interests, the book explains how self-reinforcing effects can promote group action - and how this contributed to the shifts in fortune of countries such

Collective bargaining --- Economic development --- Industrial relations --- Labor market --- Labor unions --- Wage bargaining --- 332.10 --- 332.20 --- AT / Austria - Oostenrijk - Autriche --- IE / Ireland - Ierland - Irlande --- SE / Sweden - Zweden - Suede --- Industrial unions --- Labor, Organized --- Labor organizations --- Organized labor --- Trade-unions --- Unions, Labor --- Unions, Trade --- Working-men's associations --- Labor movement --- Societies --- Central labor councils --- Guilds --- Syndicalism --- Employees --- Market, Labor --- Supply and demand for labor --- Markets --- Capital and labor --- Employee-employer relations --- Employer-employee relations --- Labor and capital --- Labor-management relations --- Labor relations --- Management --- Development, Economic --- Economic growth --- Growth, Economic --- Economic policy --- Economics --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- Bargaining --- Labor negotiations --- Negotiation in business --- Betrekkingen tussen werkgevers en werknemers. Organisatie van de arbeidsverhoudingen in de industrie: algemeenheden. --- Bezoldiging van de arbeid: algemeenheden --- Supply and demand --- Collective bargaining. --- Wage bargaining. --- Labor unions. --- Labor market. --- Industrial relations. --- Economic development. --- Betrekkingen tussen werkgevers en werknemers. Organisatie van de arbeidsverhoudingen in de industrie: algemeenheden

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Macroeconomics --- Labour economics --- Economics --- economie --- arbeid --- macro-economie

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Company law. Associations --- Germany --- Switzerland --- 347.728 --- Bijzonder vennootschaprecht: aandelen, obligaties, openbare uitgiften, emissies, openbaar aanbod, liquidatie --- 347.728 Bijzonder vennootschaprecht: aandelen, obligaties, openbare uitgiften, emissies, openbaar aanbod, liquidatie