IDEAS home Printed from https://ideas.repec.org/p/rbz/wpaper/11049.html
   My bibliography  Save this paper

Less sacrifice from collective to competitive price coordination in the South African economy

Author

Listed:
  • Christopher Loewald
  • Nic Spearman Andreas Wrgtter

Abstract

Less sacrifice: from collective to competitive price coordination in the South African economy

Suggested Citation

  • Christopher Loewald & Nic Spearman Andreas Wrgtter, 2023. "Less sacrifice from collective to competitive price coordination in the South African economy," Working Papers 11049, South African Reserve Bank.
  • Handle: RePEc:rbz:wpaper:11049
    as

    Download full text from publisher

    File URL: https://www.resbank.co.za/content/dam/sarb/publications/working-papers/2023/WP%202306.pdf
    File Function: Revision
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Vincent Dadam & Nicola Viegi, 2015. "Labour Market and Monetary Policy in South Africa," Working Papers 201569, University of Pretoria, Department of Economics.
    2. Johannes Fedderke & Yang Liu, 2018. "Inflation in South Africa: An Assessment of Alternative Inflation Models," South African Journal of Economics, Economic Society of South Africa, vol. 86(2), pages 197-230, June.
    3. Layard, Richard & Nickell, Stephen & Jackman, Richard, 2005. "Unemployment: Macroeconomic Performance and the Labour Market," OUP Catalogue, Oxford University Press, number 9780199279173.
    4. Alan Hirsch & Brian Levy, 2018. "Elaborate scaffolding, weak foundations: Business–government relations and economic reform in democratic South Africa," Global Development Institute Working Paper Series esid-105-18, GDI, The University of Manchester.
    5. Kerr, Andrew & Wittenberg, Martin, 2021. "Union wage premia and wage inequality in South Africa," Economic Modelling, Elsevier, vol. 97(C), pages 255-271.
    6. Godfrey, Shane,, 2018. "Multi-employer collective bargaining in South Africa," ILO Working Papers 994991393402676, International Labour Organization.
    7. Bjørnstad, Roger & Kalstad, Kjartan Øren, 2010. "Increased price markup from union coordination: OECD panel evidence," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 4, pages 1-37.
    8. Avdagic, Sabina & Rhodes, Martin & Visser, Jelle, 2005. "The Emergence and Evolution of Social Pacts: A Provisional Framework for Comparative Analysis," European Governance Papers (EUROGOV) 1, CONNEX and EUROGOV networks.
    9. Yejoo Kim & Janis van der Westhuizen, 2015. "Why Corporatism Collapsed in South Africa: The Significance of NEDLAC," Africa Spectrum, Institute of African Affairs, GIGA German Institute of Global and Area Studies, Hamburg, vol. 50(2), pages 87-100.
    10. James Levinsohn, 2008. "Two Policies to Alleviate Unemployment in South Africa," CID Working Papers 166, Center for International Development at Harvard University.
    11. Anke Hassel, 2003. "The Politics of Social Pacts," British Journal of Industrial Relations, London School of Economics, vol. 41(4), pages 707-726, December.
    12. Doerr, Annabelle, 2022. "Vocational Training for Female Job Returners - Effects on Employment, Earnings and Job Quality," Working papers 2022/02, Faculty of Business and Economics - University of Basel.
    13. Acocella, Nicola & Di Bartolomeo, Giovanni & Tirelli, Patrizio, 2009. "The macroeconomics of social pacts," Journal of Economic Behavior & Organization, Elsevier, vol. 72(1), pages 202-213, October.
    14. Doerr, Annabelle, 2022. "Vocational training for female job returners - Effects on employment, earnings and job quality," Labour Economics, Elsevier, vol. 75(C).
    15. Ricardo Hausmann, 2008. "Final Recommendations of the International Panel on ASGISA," Growth Lab Working Papers 15, Harvard's Growth Lab.
    16. Hayelom Yrgaw Gereziher & Naser Yenus Nuru, 2021. "Structural estimates of the South African sacrifice ratio," WIDER Working Paper Series wp-2021-12, World Institute for Development Economic Research (UNU-WIDER).
    17. Haroon Bhorat & Carlene van der Westhuizen & Sumayya Goga, 2009. "Analysing Wage Formation in the South African Labour Market: The Role of Bargaining Councils," Working Papers 09135, University of Cape Town, Development Policy Research Unit.
    18. Christopher Loewald & Konstantin Makrelov & Andreas Wrgtter, 2021. "Addressing low labour utilisation in South Africa," Working Papers 11008, South African Reserve Bank.
    19. Haroon Bhorat & Benjamin Stanwix, 2018. "Wage Setting and Labor Regulatory Challenges in a Middle-Income Country Setting," World Bank Publications - Reports 30016, The World Bank Group.
    20. Dvouletý Ondřej, 2022. "Starting Business Out of Unemployment: How Do Supported Self-employed Individuals Perform?," Entrepreneurship Research Journal, De Gruyter, vol. 12(1), pages 1-23, January.
    21. Neil Rankin, 2006. "The Regulatory Environment and SMMEs. Evidence from South African Firm Level Data," Working Papers 06113, University of Cape Town, Development Policy Research Unit.
    22. Shane Godfrey & Jan Theron & Margareet Visser, 2007. "The State of Collective Bargaining in South Africa: An Empirical and Conceptual Study of Collective Bargaining," Working Papers 07130, University of Cape Town, Development Policy Research Unit.
    23. Ball, Laurence & Romer, David, 1991. "Sticky Prices as Coordination Failure," American Economic Review, American Economic Association, vol. 81(3), pages 539-552, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. South African Reserve Bank, 2023. "A. Inflation and labour markets in the wake of the pandemic," BIS Papers chapters, in: Bank for International Settlements (ed.), Inflation and labour markets, volume 127, pages 273-286, Bank for International Settlements.
    2. Bojosi Morule & Konstantin Makrelov, 2019. "The effectiveness of the Employment Tax Incentive August 2019," Occasional Bulletin of Economic Notes 9481, South African Reserve Bank.
    3. Chama Chipeta, 2022. "Analysing The Employment Effects Of The Exchange Rate, Foreign Direct Investment And Trade Openness On South Africa’S Non-Tradable Sectors," JOURNAL STUDIA UNIVERSITATIS BABES-BOLYAI NEGOTIA, Babes-Bolyai University, Faculty of Business.
    4. Erten, Bilge & Leight, Jessica & Tregenna, Fiona, 2019. "Trade liberalization and local labor market adjustment in South Africa," Journal of International Economics, Elsevier, vol. 118(C), pages 448-467.
    5. Lars Calmfors, 2001. "Wages and Wage-Bargaining Institutions in the EMU – A Survey of the Issues," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 28(4), pages 325-351, December.
    6. Lawrence Edwards & Ayanda Hlatshwayo, 2020. "Exchange rates and firm export performance in South Africa," WIDER Working Paper Series wp-2020-1, World Institute for Development Economic Research (UNU-WIDER).
    7. Edwards, Lawrence & Rankin, Neil A. & Schöer, Volker, 2008. "South African exporting firms: What do we know and what should we know?," MPRA Paper 16906, University Library of Munich, Germany.
    8. Joanna Tyrowicz, 2009. "When Eastern Labour Markets Enter Western Europe CEECs. Labour Market Institutions upon Euro Zone Accession," Working Papers 2009-03, Faculty of Economic Sciences, University of Warsaw.
    9. Yongtian Zhu & Rui Guan & Jin Yu, 2022. "How Does Poverty Alleviation Relocation Affect the Non-Agricultural Employment of Women’s Labor Forces? Evidence from Southern Shaanxi Province," Land, MDPI, vol. 12(1), pages 1-18, December.
    10. John Knight, 2021. "A Tale of Two Countries and Two Stages: South Africa, China and the Lewis Model," South African Journal of Economics, Economic Society of South Africa, vol. 89(2), pages 143-172, June.
    11. Budlender, Debbie., 2009. "Industrial relations and collective bargaining : trends and developments in South Africa," ILO Working Papers 994332753402676, International Labour Organization.
    12. Guannan Miao, 2023. "South Africas integration into global value chains status risks and challenges," Working Papers 11045, South African Reserve Bank.
    13. Frederick C.v.N. Fourie, 2011. "The South African unemployment debate: three worlds, three discourses?," SALDRU Working Papers 63, Southern Africa Labour and Development Research Unit, University of Cape Town.
    14. Colombo, Emilio & Tirelli, Patrizio & Visser, Jelle, 2014. "Reinterpreting social pacts: Theory and evidence," Journal of Comparative Economics, Elsevier, vol. 42(2), pages 358-374.
    15. Isaacs, Gilad, 2014. "The myth of “neutrality” and the rhetoric of “stability”: macroeconomic policy in democratic South Africa," MPRA Paper 54426, University Library of Munich, Germany.
    16. Baccaro, Lucio & Simoni, Marco, 2010. "Organizational determinants of wage moderation," LSE Research Online Documents on Economics 33510, London School of Economics and Political Science, LSE Library.
    17. Seppo Honkapohja & Frank Westermann, 2009. "Pay-setting Systems in Europe: Ongoing Developments and Possible Reforms," Palgrave Macmillan Books, in: Seppo Honkapohja & Frank Westermann (ed.), Designing the European Model, chapter 3, pages 82-121, Palgrave Macmillan.
    18. Christopher Loewald & David Faulkner & Konstantin Makrelov, 2020. "Time consistency and economic growth a case study of south african macroeconomic policy," Working Papers 10421, South African Reserve Bank.
    19. Wolfgang Pollan, 2012. "Incomes Policies, Expectations and the NAIRU," WIFO Working Papers 433, WIFO.
    20. Chris Minns & Marian Rizov, 2015. "Institutions, history and wage bargaining outcomes: international evidence from the post-World War Two era," Business History, Taylor & Francis Journals, vol. 57(3), pages 358-375, April.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rbz:wpaper:11049. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jessica VanWyk (email available below). General contact details of provider: https://edirc.repec.org/data/rbagvza.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.