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The paper questions the predominant view on unemployment and wages in the European Union according to which high … labour union bargaining power and changing collective bargaining strategies have contributed to this result. It is therefore …
Persistent link: https://www.econbiz.de/10002244678
The paper questions the predominant view on unemployment and wages in the European Union according to which high … labour union bargaining power and changing collective bargaining strategies have contributed to this result. It is therefore …
Persistent link: https://www.econbiz.de/10010296102
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Based on a post-Keynesian model of the relationship between wages, prices and employment, this paper begins by studying the extent to which unit labour cost trends have been responsible for disinflation and deflationary tendencies in Germany and Europe. Thereafter, the reasons for the...
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