Duval, Romain; Elmeskov, Jørgen; Nickell, Stephen J.; … - 2006
become stronger for wage-setters to shorten contract periods thereby allowing greater
wage flexibility in the face of … bargaining in order to increase nominal
wage flexibility as a substitute for lost monetary policy autonomy.
10. Based on … benefit systems
• wage formation and industrial relations
• working-time flexibility and part-time work
• old-age pension …