Starting from the theoretical argument underlying the “hump shape” hypothesis, the paper
investigates the various dimensions of centralisation in the wage formation process. The …

The common view that far‐reaching labour market deregulation is the only remedy for high
European unemployment is too simplistic. First, the evidence suggests that deeply rooted …

The Swedish record of enormous compression of relative wages under centralized
“solidarity” bargaining, followed by substantial decompression of wages after central …

When applied to the labor market, the “Swedish model” has two key elements. The first is
centralized bargaining. For nearly forty years, the main components of Swedish wages and …

Are competitive wage premia an obstacle to growth? The answer of the architects of the
Scandinavian" model" in the 1950s and 1960s was in the affirmative. By punishing …

 This paper reviews the recent theoretical and empirical literature that relates education to
growth, and draws some lessons for the Swedish experience. First, the “human capital …

It is a common observation that unions often try to compress the wage distribution among
their members as compared with the productivity distribution. A troublesome aspect of …

Income inequality increased in Sweden during the 1980s and 1990s, as did the returns to
higher education. The main conclusion of this study is that increased income inequality …

In a perfectly competitive labor market, wage rates are determined by labor productivity, so
that wage dispersion reflects the marginal contribution to product of the different workers …

Autor analizuje decydującą rolę grup nacisku w kształtowaniu architektury instytucjonalnej
gospodarki. Porządek gospodarowania tworzony na zasadach współpracy i poszukiwania …