Existing work on wage bargaining (as exemplified by Cukierman and Lippi, 2001) typically predicts more aggressive wage setting under monetary union. This insight has not been confirmed by the EMU experience, which has been characterised by wage moderation, thereby eliciting criticism from Posen...

The conservative central banker has come under attack recently. Explicitly modeling the interaction of a trade union with monetary policy, it has been argued that the standard solution to the inflationary bias in monetary policy might actually be welfare reducing if the trade union has an...

Theoretische und empirische Hinweise deuten darauf hin, dass die Umsetzung eines keynesianischen Wirtschaftskonzepts Wachstum und Beschäftigung über eine Koordinierung der Geld-, Lohn- und Fiskalpolitik nennenswert steigern kann. Mit dem vorliegenden Text wird geprüft, inwieweit das...

Considering the degree of political and economic integration in Europe, trade unions can no longer stick to purely national strategies. Since the 1980s the key political projects of European integration have played a major role to force the neoliberal reorganisation of European capitalism...

This paper analyzes wage competition between national trade unions caused by the international mobility of capital. Perfect capital mobility leads to a Bertrand result for the outcome of wage competition: A pure strategy equilibrium implies full employment in all countries. It is shown that such...

Was hat die Stadt Wuppertal mit dem kleinen Bielefelder Metallbetrieb Gildemeister de Vlieg, was hat Dr. Oetker mit der Firma Jobis Bekleidungsindustrie gemeinsam? Angeregt vom sogenannten 'VW-Modell' haben sie nach neuen Wegen gesucht, durch Arbeitszeitregelungen Beschäftigung zu sichern oder...