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This paper analyses the impact of opening clauses in German collective bargaining agreements (CBAs) on job flows. Opening clauses should provide firms with more flexibility in economic crises. Therefore, firms operating under a CBA with opening clauses are expected to have lower job turnover, in...
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Collective bargaining agreements have been said to decrease deployment since the work of Calmfors and Driffill (1988). We investigate empirically whether opening clauses, flexible elements that have been introduced to reduce the decline in coverage, can indeed minimise this effect and increase...
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Incomplete monetary union and Europe's current crisis -- From order to disorder : how monetary union changed national …
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Monetary Union and Europe's Current Crisis -- 2. From Order to Disorder: How Monetary Union Changed National Labor Markets -- 3 … Banks and Inflation Convergence: Danish and Dutch Corporatism Inside and Outside of Monetary Union -- 5. Strength in …
Persistent link: https://www.econbiz.de/10011684238
We present a model that integrates the discrete working time choice of heterogenous households into a general equilibrium setting where wages are determined by sectoral bargaining between firms and trade unions. The model is calibrated to German micro and macro data. We then use it to analyse...
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