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The purpose of this Special Issue is to show progress regarding current research and literature on the theme of "Current Trends in Tourism under COVID-19 and Future Implications for Sustainability". In particular, this Special Issue of the peer-reviewed international journal Sustainability...
Persistent link: https://www.econbiz.de/10014520969
Since the onset of the COVID-19 pandemic, many studies have appeared on how it will affect climate change and policy, and vice versa. In this study, we systematically review the literature about this relationship. We obtained a sample of 204 articles published in the period from February 2020 to...
Persistent link: https://www.econbiz.de/10014555565
Firms have multiple options at the time of adjusting their wage bills. However, previous literature has mainly focused on base wages. We broaden the analysis beyond downward rigidity in base wages by investigating the use of other margins of labour cost adjustment at the firm level. Using data...
Persistent link: https://www.econbiz.de/10009640473
It has been well established that the wages of individual workers react little, especially downwards, to shocks that hit their employer. This paper presents new evidence from a unique survey of firms across Europe on the prevalence of downward wage rigidity in both real and nominal terms. We...
Persistent link: https://www.econbiz.de/10009640474
In this paper we estimate the degree of real wage flexibility in 19 EU countries in a wage Phillips curve panel framework. We find evidence for a reaction of wage growth to unemployment and productivity growth. However, due to unemployment persistence, over time the real wage response weakens...
Persistent link: https://www.econbiz.de/10009640910
In the transition from socialism to capitalism in Eastern Europe life satisfaction has followed the V-shaped pattern of GDP but failed to recover commensurately. In general, increased satisfaction with material living levels has occurred at the expense of decreased satisfaction with work,...
Persistent link: https://www.econbiz.de/10005822809
This paper examines Brada‘s (1998) conjecture about the path of real exchange rates in two successful transition economies, Hungary and Poland. He argues that, as a result of the very diverse fiscal and monetary policies to be found among these economies, real exchange rates in some economies...
Persistent link: https://www.econbiz.de/10008614694