Collective bargaining is an important instrument to deal with old and new
challenges in the labour market, such as facilitating technological
transitions or preventing inequalities in the labour market. This paper
discusses the economic effects of collective bargaining systems and the
importance of their design drawing on a mix of macro and micro evidence.
It also provides a benchmarking exercise to compare the Chilean
bargaining system with those of other OECD countries. Finally, it discusses
noteworthy practices in other countries that can offer valuable insights to
Chile as it contemplates the introduction of sectoral bargaining models.