Spanish pay setting institutions and performance outcomes

Links between Spanish industrial relations institutions and performance outcomes are examined. Part I considers changes in various institutions since the end of the Franco period: the structure of collective bargaining; trade union organisation; the activities and structure of management; the scope of bargaining; and the extent of informal bargaining. It goes on to see how such changes have affected macroeconomic performance. Part II examines the flexibility of the industrial wage structure. It considers how the relative job performance by sector is influenced by the flexibility in the pay structure and by minimum wage legislation.