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The paper examines the implications of an important aspect of the ongoing reorganization of work - the move from occupational specialization toward multi-tasking - for centralized wage bargaining. The analysis shows how, on account of this reorganization, centralized bargaining becomes...
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The paper analyses various mechanism through which monetary union in Euroep may affect unemployment. The focus is on … that a national inflation bias can be reduced. But if there is a precautionary motive for low average unemployment in order …
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