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Labor market institutions, wages, and investment

Pischke, Jörn-Steffen - 2004

Labor market institutions, via their effect on the wage structure, affect the investment decisions of firms in labor markets with frictions. This observation helps explain rising wage inequality in the US, but a relatively stable wage structure in Europe in the 1980s. These different trends are...

Persistent link: https://www.econbiz.de/10010276167

Exchange rate uncertainty and labour market adjustment under fixed and flexible exchange rates

Chen, Yu-Fu; Funke, Michael - 2002

can choose between employment and overtime (given mandated standard hours). Contrary to this approach, we follow the real … rate regimes obey common employment adjustment thresholds. …

Persistent link: https://www.econbiz.de/10010295518

Outsourcing of unionized firms and the impacts of labour market policy reforms /

Koskela, Erkki; Schöb, Ronnie - 2008

the share of the outsourced workforce is not too large, this wage-moderation effect on domestic employment outweighs the … direct substitution effect so that domestic employment increases in unionized firms as outsourcing costs fall. This does not … for employment. However, except for low outsourcing activities, the impact of these policy measures will become smaller as …

Persistent link: https://www.econbiz.de/10010264407

Product market competition, investment and employment-abundant versus job-poor growth : a real options perspective

Chen, Yu-Fu; Funke, Michael - 2005

The role of product market reforms in achieving the objective of higher employment and growth has recently received …

Persistent link: https://www.econbiz.de/10010271923

Increasing Returns and Spatial Unemployment Disparities

Suedekum, Jens - 2004

full employment and are thus ill-equipped to study spatial unemployment disparities. The wage curve-approach, which …

Persistent link: https://www.econbiz.de/10010295389

Eastern Enlargement of the EU: A Comprehensive Welfare Assessment

Kohler, Wilhelm K. - 2004

This paper takes a welfare-view on eastern enlargement of the EU, focusing on incumbent countries. Enlargement is decomposed into three elements: Single-market integration on commodity markets, budgetary costs from EU-expenditure policies, and singlemarket- induced migration from new to present...

Persistent link: https://www.econbiz.de/10010295393

Sharing the climate policy burden in the EU

Aidt, Toke; Greiner, Sandra - 2002

The question of how to share the costs of the measures to be taken against global warming is one of the most controversial questions in the international climate policy debate, and is, as yet, unsettled. The burden sharing agreement (BSA) reached by EU Member States is a rare example of a...

Persistent link: https://www.econbiz.de/10010295499

Regional convergence in the European Union (1985 - 1999): A spatial dynamic panel analysis

Badinger, Harald; Müller, Werner G.; Tondl, Gabriele - 2002

We estimate the speed of income convergence for a sample of 196 European NUTS 2 regions over the period 1985-1999. So far there is no direct estimator available for dynamic panels with strong spatial dependencies. We propose a two-step procedure, which involves first spatial filtering of the...

Persistent link: https://www.econbiz.de/10010295552

Public expenditure and international specialisation

Brülhart, Marius; Trionfetti, Federico - 2001

It is widely recognised that public-sector purchasers tend to discriminate in favour of domestic suppliers. We study the consequences of home-biased public procurement on international specialisation. In the theoretical analysis we find two effects. First, a country will specialise in the sector...

Persistent link: https://www.econbiz.de/10010295571

Testing for convergence clubs in income per-capita: A predictive density approach

Canova, Fabio - 2001

The paper proposes a technique to jointly tests for groupings of unknown size in the cross sectional dimension of a panel and estimates the parameters of each group, and applies it to identifying convergence clubs in income per-capita. The approach uses the predictive density of the data,...

Persistent link: https://www.econbiz.de/10010295573