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Whither Wages?

Whither Wages? In July 1981 the Australian Conciliation and Arbitration Commission ended its six‐year experiment with a centralised wage indexation system accompanied by restrictive guidelines. Ever since then, if not before, there has been considerable concern about what might be in store for us in this area. Industrial relations professionals have been unsettled by the sheer uncertainty of the vacuum created by the Commission's departure from the field, and economists have been left wondering about whether new procedures, whatever and however diverse they may be, will be more or less inflationary than centralised wage indexation. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Asia Pacific Journal of Human Resources Wiley

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Publisher
Wiley
Copyright
1982 Australian Human Resources Institute (AHRI)
ISSN
1038-4111
eISSN
1744-7941
DOI
10.1177/103841118202000108
Publisher site
See Article on Publisher Site

Abstract

In July 1981 the Australian Conciliation and Arbitration Commission ended its six‐year experiment with a centralised wage indexation system accompanied by restrictive guidelines. Ever since then, if not before, there has been considerable concern about what might be in store for us in this area. Industrial relations professionals have been unsettled by the sheer uncertainty of the vacuum created by the Commission's departure from the field, and economists have been left wondering about whether new procedures, whatever and however diverse they may be, will be more or less inflationary than centralised wage indexation.

Journal

Asia Pacific Journal of Human ResourcesWiley

Published: Feb 1, 1982

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