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The Margins of Labour Cost Adjustment: Survey Evidence from European Firms
Babecký, Jan; Du Caju, Philip; Kosma, Theodora; … - 2009
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/10011605152
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Wage and price setting behaviour of Lithuanian firms
Virbickas, Ernestas - 2010
This paper investigates the wage and price setting behaviour of Lithuanian firms on the basis of an ad hoc survey “On Price and Wage Setting” undertaken by the Bank of Lithuania. The paper provides survey evidence on the frequency of wage and price changes. The frequency of wage changes...
Persistent link: https://www.econbiz.de/10011605244
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Klin'-ing up: effects of Polish tax reforms on those in and on those out
Morawski, Leszek; Myck, Michał - 2008
In 2007 and 2008 Polish governments introduced a series of reforms which led to a substantial reduction in the tax wedge (in Polish: klin) on labour. We show that when considered together the package of introduced reforms brought much greater reductions in the tax burden compared to a widely...
Persistent link: https://www.econbiz.de/10010275919
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Klin-ing up: Effects of Polish tax reforms on those in and on those out
Morawski, Leszek; Myck, Michał - 2008
In 2007 and 2008 Polish governments introduced a series of reforms which led to a substantial reduction in the tax 'wedge' (in Polish: 'klin') on labour. The mean ATR on total labour cost was reduced from 41.6% to 34.0%. We show that when considered together the package of introduced reforms...
Persistent link: https://www.econbiz.de/10010276069
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Arbeitskosten und Wettbewerbsfähigkeit im EU-Vergleich 2000 bis 2019
Beck, Martin - In: WISTA – Wirtschaft und Statistik 72 (2020) 5, pp. 19-32
Die Arbeitskosten je geleistete Arbeitsstunde sind ein wichtiger Indikator zur Beurteilung der internationalen …. Dieser Beitrag stellt die Entwicklung der Arbeitskosten in den letzten zwei Jahrzehnten im EU-Vergleich dar und analysiert …
Persistent link: https://www.econbiz.de/10012301862
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Schwache Unternehmensinvestitionen in Deutschland? Diagnose und Therapie
Bardt, Hubertus; Grömling, Michael; Hüther, Michael - 2015
Hochkostenland. Das gilt nicht nur für die Arbeitskosten, sondern auch für die Energie. Eine Reduktion dieser Belastungen ist ebenso …
Persistent link: https://www.econbiz.de/10010475140
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The margins of labour cost adjustment: Survey evidence from European firms
Babecky, Jan; Du Caju, Philip; Kosma, Theodora; … - 2009
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/10011506703
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Why firms avoid cutting wages: Survey evidence from European firms
Du Caju, Philip; Kosma, Theodora; Lawless, Martina; … - 2013
The rarity with which firms reduce nominal wages has been frequently observed, even in the face of considerable negative economic shocks. This paper uses a unique survey of fourteen European countries to ask firms directly about the incidence of wage cuts and to assess the relevance of a range...
Persistent link: https://www.econbiz.de/10011506771
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FDI in Hungary: The first mover's advantage and disadvantage
Sass, Magdolna - In: EIB Papers 9 (2004) 2, pp. 62-90
Presenting a case study of FDI in Hungary, this paper first reviews the characteristics of FDI in Hungary since the … outset of transition. It then examines the determinants of FDI in Hungary, finding that early and comprehensive privatisation … and the creation of a generally business-friendly policy environment played key roles in making Hungary an early leader in …
Persistent link: https://www.econbiz.de/10010273345
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Are Wage Cost Differentials Driving Delocalisation?
Konings, Jozef - 2003
, Hungary and the Czech Republic. To this end we use firm level data to construct measures of labor costs and labor productivity …
Persistent link: https://www.econbiz.de/10010313272