We argue that in labor markets with central wage bargaining wage flexibility varies systematically across the wage distribution: local wage flexibility is more relevant for the upper part of the wage distribution, and flexibility of wages negotiated under central wage bargaining affects the...

Sebastian Dullien gives a novel explanation for unemployment and inflation in the Euro-Zone. He argues that unemployment stems from a lack of co-operation between unions and monetary authorities: In an economy with endogenous money as EMU, wage setters are responsible for price stability while...

Als letzter Redner im Sommersemester 2003 referierte Prof. Dr. Wernhard Möschel, Universität Tübingen, am 7. Juli im Münchner Seminar am ifo Institut zum Thema Tarifautonomie und Lohnfindung. Insbesondere zeigte er Möglichkeiten auf, im gegebenen rechtlichen Rahmen dem Flächentarifvertrag...

Dieses Buch beschäftigt sich damit, wie sich die Arbeitswelt in Zukunft verändern wird, wie diese Veränderungen gestaltet werden können und welche Auswirkungen auf Wirtschaft, Verwaltung und Gesellschaft zu erwarten sind. Die Digitale Transformation führt durch technologische Entwicklungen...

At the turn of the millennium three frequently cited potential causes of new challenges for wage policy in Germany are revisited in this study: skilled-biased technological progress, the increasing international integration of labor and product markets, and the monetary integration of the EMU....

In this paper we estimate the employment effects of a reduction in weekly normal hours in West German manufacturing on the basis of an econometric models using industry panel data. We distinguish between unskilled, skilled and high-skilled workers and show that labor demand elasticities with...