Managing Inflation crisis through Social Dialogue – MAINSOC

After two decades of low inflation levels and wage moderation, Europe faces an unprecedented increase in the cost of living and the risk of stagflation. The inflation shock is eroding employees’ purchasing power, particularly at the bottom of the wage scale. Calls have been made by national and EU-level actors for governments and social partners to manage the current inflation crisis through negotiated income policies and collective bargaining.

The objective of the MAINSOC project is twofold. First, to analyse the impact of the inflation crisis on real wage dynamics and wage differentials across sectors and groups of workers, paying attention to the asymmetric impact on those at the bottom of the wage scale and the role of industrial relations institutions to explain differences across countries. Second, to analyse the role of government policies, social partners’ involvement, and industrial relations institutions in managing the inflation crisis, adapting to a new scenario, and guaranteeing inclusive growth in six EU countries (DE, DK, ES, IT, HU, PL).

MAINSOC is a joint project of 6 partner organizations from five countries, financed by the European Commission under Social Prerogatives and Specific Competencies Lines (SOCPL) Programme.

Start date: 01/12/2023
Finish date: 30/11/2025
Funding: DG Employment, Social Affairs and Inclusion, EUROPEAN COMMISSION
Reference: GA no. 101126451 — MAINSOC
Principal investigator: Oscar Molina
Team: Alejandro Godino

 

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