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Wage Persistence and Labour Market Institutions : An Analysis of Young European Workers
Menezes, António - 2007
This paper investigates the effects of labour market institutions on wage persistence among young European workers at the beginning of their careers. We use ECHP data from 1995 to 2001 for 13 EU countries and estimate a three-level random intercept probit model that allows for unobserved...
Persistent link: https://www.econbiz.de/10012777447
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The (Parlous) State of German Unions
Addison, John T. - 2006
This paper traces the profound decline in German unionism over the course of the last three decades. Today just one in five workers is a union member, and it is now moot whether this degree of penetration is consistent with a corporatist model built on encompassing unions. The decline in union...
Persistent link: https://www.econbiz.de/10012780525
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Commuting, Wages and Bargaining Power
Rupert, Peter - 2009
A search model of the labor market is augmented to include commuting time to work. The theory posits that wages are positively related to commute distance, by a factor itself depending negatively on the bargaining power of workers. Since not all combinations of distance and wages are accepted,...
Persistent link: https://www.econbiz.de/10013155006
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Institutional Features of Wage Bargaining in 23 European Countries, the US and Japan
Du Caju, Philip; Gautier, Erwan; Momferatou, Daphne; … - 2021
This paper presents information on wage bargaining institutions, collected using a standardized questionnaire. Our data provide information from 1995 and 2006, for four sectors of activity and the aggregate economy, considering 23 European countries, plus the US and Japan. Main findings include...
Persistent link: https://www.econbiz.de/10013324749
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EU Enlargement and Ireland's Labour Market
Barrett, Alan - 2009
Ireland, along with Sweden and the UK, allowed full access to its labour market to the citizens of the accession … growth in Ireland around 2004, a significant inflow was expected. However, the rate of inflow exceeded all expectations …. Based on census information, the number of EU10 nationals living in Ireland grew from around 10,000 in 2002 to 120,000 in …
Persistent link: https://www.econbiz.de/10013158511
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Understanding Inter-Industry Wage Structures in the Euro Area
Genre, Veronique - 2009
This paper focuses on the euro area wage structure and its potential determinants from a sectoral viewpoint. Merging information from the OECD Structural Analysis database with data from the EU Labour Force Survey, we construct a cross-country panel of 22 industries in 8 euro area countries for...
Persistent link: https://www.econbiz.de/10012763933
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Differences in Euro-Area Household Finances and Their Relevance for Monetary-Policy Transmission
Hintermaier, Thomas - 2019
This paper quantifies the extent of heterogeneity in consumption responses to changes in real interest rates and house prices in the four largest economies in the euro area: France, Germany, Italy, and Spain. We first calibrate a life-cycle incomplete-markets model with a financial asset and...
Persistent link: https://www.econbiz.de/10012859309
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Interest Rate Bands of Inaction and Play-Hysteresis in Domestic Investment : Evidence for the Euro Area
Belke, Ansgar Hubertus - 2019
The interest rate represents an important monetary policy tool to steer investment in order to reach price stability. Therefore, implications of the exact form and magnitude of the interest rate-investment nexus for the European Central Bank's effectiveness in a low interest rate environment...
Persistent link: https://www.econbiz.de/10012863789
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Real Wage Cyclicality in the Eurozone Before and During the Great Recession : Evidence from Micro Data
Verdugo, Gregory - 2015
We study the response of real wages to the business cycle in eight major Eurozone countries before and during the Great …
Persistent link: https://www.econbiz.de/10013012041
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Investigating First-Stage Exchange Rate Pass-Through : Sectoral and Macro Evidence from Euro Area Countries
Ben Cheikh, Nidhaleddine - 2017
Eurozone, as the responsiveness of import prices to exchange rate fluctuations tends to decline in a low and more stable …
Persistent link: https://www.econbiz.de/10012962288