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On the determinants of labour market institutions : rent-sharing vs. social insurance

Agell, Jonas - 2000

sharing are incomplete; unions, job protection, and egalitarian pay structures may have as much to do with social insurance of … the paper presents a range of historical, theoretical, and cross-country regression evidence. The social insurance … institutions, they may also make people more willing to pay a high premium to preserve institutions that provide insurance. …

Persistent link: https://www.econbiz.de/10009786721

Wage policy and endogenous wage rigidity : a representative view from the inside

Agell, Jonas; Bennmarker, Helge - 2002

We report the results from a representative survey of human resource managers in 885 Swedish firms. We estimate that during the severe recession of the 1990s, only 1.1 percent of workers took a cut in regular nominal pay. We trace the lack of wage moderation to a combination of exogenous...

Persistent link: https://www.econbiz.de/10011410449

Product variety and economic growth : empirical evidence for the OECD countries

Funke, Michael; Ruhwedel, Ralf - 2000

Utilizing panel data for 19 OECD countries we find suppor t for the hypothesis that a greater degree of product variety relative to the US helps to explain relative per capita GDP levels. The empirical work relies upon some direct measures of product variety calculated from 6-digit OECD export...

Persistent link: https://www.econbiz.de/10009781524

Threshold effects and regional economic growth e Evidence from West Germany

Funke, Michael; Niebuhr, Annekatrin - 2002

We study an overlapping generations model of human capital accumulation with threshold effects using regional data for West Germany. Our basic goal is to shed light on what makes German regions grow. The paper finds that the relative income distribution appears to be stratifying into a trimodal...

Persistent link: https://www.econbiz.de/10011409398