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Flexible Outsourcing and the Impacts of Labour Taxation in European Welfare States

Koskela, Erkki; Poutvaara, Panu - 2021

In European Welfare States, low-skilled workers are typically unionized, while the wage formation of high-skilled workers is more competitive. To focus on this aspect, we analyze how flexible international outsourcing and labour taxation affect wage formation, employment and welfare in dual...

Persistent link: https://www.econbiz.de/10013316453

Enhancing Income Convergence in Central Europe after EU Accession

Lenain, Patrick - 2004

After nearly fifteen years of transition, the countries of Central Europe have entered the European Union on 1 May 2004. For the four countries that are members of the OECD (Czech Republic, Hungary, Poland and Slovak Republic), accession follows multiyear efforts of economic stabilisation and...

Persistent link: https://www.econbiz.de/10012446298

The Effects of Monetary Policy on Unemployment Dynamics under Model Uncertainty - Evidence from the US and the Euro Area

Altavilla, Carlo - 2013

surrounding the effects of rule-based monetary policy on unemployment dynamics in the euro area and the US. We employ a Bayesian …

Persistent link: https://www.econbiz.de/10012753184

European Unemployment Revisited : Shocks, Institutions, Integration

Bertola, Giuseppe - 2021

This paper painstakingly restores a vintage empirical model of unemployment determination by interacting shocks and … institutions, and runs it on recent data featuring dramatic shocks and controversial institutional change. Theoretical insights and … and turns of unemployment rates in Europe and elsewhere …

Persistent link: https://www.econbiz.de/10013315479

Current Account Imbalances and Structural Adjustment in the Euro Area : How to Rebalance Competitiveness

Zemanek, Holger - 2014

Low international competitiveness of a set of euro area countries, which have become evident by large current account deficits and rising risk premiums on government bonds, is one of the most challenging economic policy issues for Europe. We analyse the role of private restructuring and public...

Persistent link: https://www.econbiz.de/10013071193

Beyond Balassa and Samuelson : Real Convergence, Capital Flows, and Competitiveness in Greece

Belke, Ansgar Hubertus - 2015

We scrutinize the role of capital flows for competitiveness in seven euro-area countries in the context of real convergence and crisis with a specific focus on Greece. The paper extends the seminal Balassa-Samuelson model to include international capital markets. Capital flows are assumed to be...

Persistent link: https://www.econbiz.de/10013012270

Sectoral Shifts in Europe and the United States : How They Affect Aggregate Labour Shares and the Properties of Wage Equations

de Serres, Alain - 2002

real wages to unemployment that vary less across countries and are substantially lower than those obtained with observed …

Persistent link: https://www.econbiz.de/10012445356

On the Causes of Brexit

Arnorsson, Agust - 2016

We analyse the voting pattern in the June 23rd referendum on the continued participation of the United Kingdom in the European Union and evaluate the reasons for the results. We find that regions where GDP per capita is low, a high proportion of people have low education, a high proportion is...

Persistent link: https://www.econbiz.de/10012981337

Has the EMU Reduced Wage Growth and Unemployment? Testing a Model of Trade Union Behaviour

Mikosch, Heiner - 2013

(EMU) led to lower wage growth and lower unemployment in participating countries. Following Grüner's model, monetary … national business cycles which, in turn, leads to higher unemployment risk. In order to counter-balance this effect, trade … unions lower their claims for wage mark-ups resulting in lower wage growth and lower unemployment. This paper uses …

Persistent link: https://www.econbiz.de/10013093430

Subsidies for Wages and Infrastructure : How to Restrain Undesired Immigration

Meier, Volker - 2006

This paper investigates regional or international transfers as a means to prevent immigration into unemployment. We … analyze a two-country model with free migration in which the rich country is characterized by minimum wage unemployment … stronger productivity growth in the poor country, reducing both migration flows and unemployment in the rich country. This …

Persistent link: https://www.econbiz.de/10012779814