Abstract
Are competitive labour markets better than highly institutionalised corporatist labour markets? Would they have brought cherished flexibility where corporatism imposes dreadful rigidity? Is, say, the US labour market, with its ‘decentralised heterogeneity’ (Flanagan, Hartog and Theeuwes, 1993) more efficient than the Austrian labour market, with its tight, centralised organisation? National labour markets differ across a wide spectrum in labour market organisation, institutions and labour legislation – how relevant is this variation in the mode of transacting for wage levels and wage structure?
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
