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reduces equilibrium unemployment, moderate wages, and boost participation and search. Total employment increases as a result …
Persistent link: https://www.econbiz.de/10005645454
In the early postwar years, two trade-union economists, Gösta Rehn and Rudolf Meidner, presented a Swedish alternative to Keynesianism. The so-called Rehn- Meidner model recommends restrictive macroeconomic policies, labor market policy programs and solidarity wages to combine price stability...
Persistent link: https://www.econbiz.de/10009003673
A Swedish economic policy was developed by two trade union economists shortly after the Second World War. The Rehn-Meidner model recommends the use of selective employment policy measures, a tight macroeconomic policy and a wage policy of solidarity to combine full employment and equity with...
Persistent link: https://www.econbiz.de/10005645452
to combine low rates of unemployment with low inflation and high economic growth. Since the early 1990s, Sweden has not …
Persistent link: https://www.econbiz.de/10005645476
It is well-documented that employers refuse to hire workers who offer their services at less than the prevailing wage. The received explanation is that workers are motivated by reciprocity¾ they desire to reward kindness and punish hostility. To refuse an outsider’s under-bid is viewed as a...
Persistent link: https://www.econbiz.de/10005645480
This paper explores the identity formation of a cohort of students with immigrant backgrounds in Sweden and the consequences of identity for subsequent labor market outcomes. Unique for this study is that identity is defined according to a two-dimensional acculturation framework based on both...
Persistent link: https://www.econbiz.de/10005419573
This study examines the employment convergence patterns of <p> various immigrant groups to natives in Sweden. Using data with <p> annual information (1990-1997) on more than 200,000 individuals, <p> the probability of being regularly employed is estimated, by gender <p> and region of birth, for immigrants...</p></p></p></p>
Persistent link: https://www.econbiz.de/10005190658
agree with <p> national statistics in that participation has decreased and unemployment <p> increased for both men and women …
Persistent link: https://www.econbiz.de/10005645515
growth, but unemployment was high, especially by national standards. The restrictive monetary policy was responsible for the … countries the moderate increase in unemployment was largely attributed to labour hoarding. And the rapid recovery of the Baltic …
Persistent link: https://www.econbiz.de/10009283231
The macroeconomic principles behind the Swedish model were developed by two trade union economists, Gösta Rehn and Rudolf Meidner, shortly after World War II. The Rehn-Meidner model respresents a unique third way between keynesianism and monetarism in its approach to combine full employment...
Persistent link: https://www.econbiz.de/10005648520