This paper analyses recent trends in wage bargaining institutions in Europe to explain the gradual deterioration in the … unions relative to firms. The implications for equilibrium unemployment are ambiguous. On the one hand, higher bargaining … power raises wages and thereby unemployment. On the other hand, it reduces unemployment by better incorporating the response …

This study poses the question about whether labour market institutions can explain unemployment rates in the ten new … European Union member states. In five out of the ten new member states, unemployment rates lie above the average in the 15 … institutions in the acceding countries are less rigid than in the EU-15. Moreover, labour market institutions explain only a minor …

The paper studies the determinants of unemployment in a two-countrymodel, where real wages are the outcome of the …) will (negatively) affect unemployment in all member countries by fundamentally changing the nature of strategic … structural unemployment. …

The paper studies the determinants of unemployment in a two-country model, where real wages are the outcome of the … (MU) will (negatively) affect unemployment in all member countries by fundamentally changing the nature of strategic … structural unemployment. JEL classification: E50, E58, F41, F42, J51 …