Belke, Ansgar (contributor); Fehn, Rainer (contributor) - 2001 - [Elektronische Ressource]
on capital markets
contribute to explaining why some OECD-countries, in particular the Anglo-Saxon countries,
have been … continental-European OECD-countries. It is argued
that the often-blamed labor market rigidities alone, while important, do not … face swift punishment by international financial markets (OECD, 1998).1
Thus, wage pressure and inflation can pick up …