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Are the Unemployed Unemployable?
Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 1992
may have increased unemployment, and shows that this is likely to occur if technological change is associated with an …
Persistent link: https://www.econbiz.de/10005666594
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Real Origins of the Great Depression: Monopolistic Competition, Union Power, and the American Business Cycle in the 1920s
Ebell, Monique; Ritschl, Albrecht - C.E.P.R. Discussion Papers - 2007
Most treatments of the Great Depression have focused on its onset and its aftermath. In contrast, we take a unified view of the interwar period. We look at the slide into and the emergence from the 1920-21 recession and the roaring 1920s boom, as well as the slide into the Great Depression after...
Persistent link: https://www.econbiz.de/10005497733
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Trade Unions, Wages and Structural Adjustment in the New German States
Burda, Michael C; Funke, Michael - C.E.P.R. Discussion Papers - 1992
The rapid wage increases observed in Eastern Germany over the past two years have important implications for the direction taken by structural change in this region. These implications are not solely negative, and remain controversial in the public debate. This paper discusses four aspects of a...
Persistent link: https://www.econbiz.de/10005791224
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Evaluating Unemployment Policies: What do the Underlying Theories Tell Us?
Snower, Dennis J. - C.E.P.R. Discussion Papers - 1994
The paper surveys unemployment policies for advanced market economies and evaluates them by examining the predictions … of the underlying macroeconomic theories. The basic idea is that, for the most part, different unemployment policy … - on the ability of these theories to predict some salient stylized facts about unemployment behaviour. The paper considers …
Persistent link: https://www.econbiz.de/10005136538
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Unemployment, Real Wages and Union Membership
Schmidt, Christoph M; Zimmermann, Klaus F - C.E.P.R. Discussion Papers - 1993
to workers. In the short run, union membership dynamics are mainly driven by changes in unemployment. In turn, changes in …
Persistent link: https://www.econbiz.de/10005656160
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National Minimum Wages, Capital Mobility and Global Economic Growth
Irmen, Andreas; Wigger, Berthold - C.E.P.R. Discussion Papers - 2002
the emergence of national unemployment due to minimum wages. Interestingly, differences in national savings propensities …
Persistent link: https://www.econbiz.de/10005124004
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Trade Union Objectives and Economic Growth
Irmen, Andreas; Wigger, Berthold - C.E.P.R. Discussion Papers - 2001
A trade union whose purpose is to raise wages above the competitive level may foster economic growth if it succeeds in shifting income away from the owners of capital to the workers and if the workers' marginal propensity to save exceeds that of capitalists. We make this point in an overlapping...
Persistent link: https://www.econbiz.de/10005123702
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Wage Bargaining Structure, Employment and Economic Integration
Danthine, Jean-Pierre; Hunt, Jennifer - C.E.P.R. Discussion Papers - 1992
It is widely believed that the integration of European economies will have little impact on labour mobility. This does not mean, however, that European labour markets will be unaffected by the process of economic integration. In this paper we show that with increased competition from closer...
Persistent link: https://www.econbiz.de/10005656215
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A Cross-Country Analysis of the Tax-Push Hypothesis
Schioppa, Padoa; Kostoris, Fiorella - C.E.P.R. Discussion Papers - 1991
A microeconomic theoretical model shows that two factors - the compensation and progressivity effects - produce the shifting (if any) of tax rates on wage formation. From an analytical viewpoint, they may be positive or negative and of equal or different sign. A microfounded nested macroeconomic...
Persistent link: https://www.econbiz.de/10005114165
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Trade, Wages, and Collective Bargaining: Evidence from France
Carluccio, Juan; Fougère, Denis; Gautier, Erwan - C.E.P.R. Discussion Papers - 2015
We estimate the impact of international trade on wages using data for French manufacturing firms. We instrument firm-level trade flows with firm-specific instrumental variables based on world demand and supply shocks. Both export and offshoring shocks have a positive effect on wages. Exports...
Persistent link: https://www.econbiz.de/10011196039