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Wage shares have fallen substantially in Europe since the early 1980s. To some extent this is due to a macroeconomic policy package that encourages wage flexibility and wage competition. A system of wage coordination in the Euro area would facility a return to a productivity-oriented wage policy...
Persistent link: https://www.econbiz.de/10009467898
The aim of this paper is to propose the main elements of a theoretical and methodological framework for the assessment of the success of complex policy mixes, to highlight the conflicts between individual instruments and other elements within those mixes and to propose policy recommendations in...
Persistent link: https://www.econbiz.de/10010988484
We study whether firms’ actual use of R&D subsidies and tax incentives is correlated with financing constraints -internal and external- and appropriability difficulties and investigate whether both tools are substitutes. We compare the use of both policies by SMEs and by large firms and find...
Persistent link: https://www.econbiz.de/10010988580
Using a bottom-up model, the effectiveness of carbon tax policy and a policy mix related to a carbon tax in Japan are assessed to reduce CO<Subscript>2</Subscript> emissions to the targeted level in the first commitment period of the Kyoto Protocol. In this simulation, only existing technologies and practical new...</subscript>
Persistent link: https://www.econbiz.de/10010994501
The study provides a wide-ranging empirical analysis of the drivers of innovation, with a particular focus on the policy side, in residential energy efficiency technologies. The panel analysis of 23 OECD countries over the period 1990-2010, confirms the importance of adopting a systemic...
Persistent link: https://www.econbiz.de/10010907548
Eco-labeling has caused some concerns about international trade, particularly between developed and developing countries, owing to the incorporation of non-product-related process and production methods (PPMs) into eco-labeling criteria. Most countries prefer inclusion of non-product-related...
Persistent link: https://www.econbiz.de/10010949593
The paper outlines guidelines and pillars of a resource policy. Two reasons favour the formulation of such policy: a demand to increase sluggish resource productivity growth as well as environmental damages occurring along material flows at an international scale. Thus, it is both the innovation...
Persistent link: https://www.econbiz.de/10011001269
A series of recent studies analyze the impact of financial crisis on the fiscal soundness in the Euro area countries. Even if their documented results present the transmission mechanisms of the financial instability toward the fiscal sector, a more realistic problem is related to the...
Persistent link: https://www.econbiz.de/10011005021
Executive Summary The German government aims to reduce primary energy demand by 80% until 2050 and heating demand by 20% until 2020. Besides the need for additional efforts to achieve these targets, Germany has already implemented a set of policies and programmes to increase investments in...
Persistent link: https://www.econbiz.de/10010954960
Reaching a better understanding of the politics and policies of transitions presents a main agenda item in the emerging field of sustainability transitions. One important requirement for these transitions, such as the move towards a decarbonized energy system, is the redirection and acceleration...
Persistent link: https://www.econbiz.de/10010956696