Main description: Europa tut sich schwer mit wirtschaftspolitischen Strukturreformen. Oft widersetzen sich vor allem größere EU-Länder ganz dem Druck zur Veränderung, oder es werden nur partielle Reformen durchgeführt. Doch Verzögerungen von Reformen sind mit hohen volkswirtschaftlichen...

Focusing on the compression of wage cuts, many empirical studies find a high degree of downward nominal wage rigidity (DNWR). However, the resulting macroeconomic effects seem to be surprisingly weak. This contradiction can be explained within an intertemporal framework in which DNWR not only...

Focusing on the cost-reducing motive behind the use of temporary agency employment, this paper aims at providing a better theoretical understanding of the effects of temporary agency work on the wage-setting process, trade unions' rents, firms' profits and employment. It is shown that trade...

We consider a theoretical model in which unions not only take the outside option into account, but also base their wage-setting decisions on an internal reference, called the fairness reference. Wage and employment outcomes and the shape of the aggregate wagesetting curve depend on the weight...

We consider a theoretical model in which unions not only take the outside option into account, but also base their wage-setting decisions on an internal reference, called the fairness reference. Wage and employment outcomes and the shape of the aggregate wage-setting curve depend on the weight...

Focusing on the cost-reducing motive behind the use of temporary agency employment, this paper aims at providing a better theoretical understanding of the effects of temporary agency work on the wage-setting process, trade unions' rents, firms' profits and employment. It is shown that trade...

Located at the geographical intersection between East and West, with both Mediterranean and Black Sea coasts, Turkey was always a country with large movements of people. There were several waves of forced (ethnic) movement of people as a consequence of the collapse of the Ottoman Empire and the...

The scope of this policy paper is to identify how the EU and its Member States could use availability and skills of today's and future immigrant populations in order to address economic and demographic challenges. To this end, it provides an analysis of the status quo and suggestions regarding...