The project aims to analyse the reasons for different developments of wages, i.e. wage dynamics, in the European Union (EU) member states. As regards the reasons for different developments it focuses on the role of industrial relations, i.e. collective bargaining, structures and mechanisms for wage determination. The project considers both ‘visible’, e.g. formal and institutionalized, and ‘invisible’, e.g. informal and norm-based as well as intentional and unintentional, industrial relations structures and mechanisms of wage determination.
In order to analyse the functioning and efficacy of visible and invisible structures and mechanisms the project examines different criteria of wage determination actors are using. Furthermore, the project also aims to analyse which industrial relations structures and mechanisms are (better) ‘suited’ to serve as policy instruments to govern wage developments in the EU.
More specifically, the project aims to analyse which national industrial relations structures and mechanisms are able to meet the demands of European and national policy makers to implement diverse and different policy strategies (such as in particular defined in the country specific recommendations of the European Semester) as well as is able to synchronise wage strategies with other policy fields (e.g. fiscal and monetary policies).
With financial support from the European Commission