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USA, the major problem of most European countries is the high rate of unemployment of the low skilled. To integrate … currently discussed determinants of wage distribution and unemployment into a common context, labor unions and qualification … unemployment rates and a wage dispersion affected by production technology, wage setting procedure, and qualification structure of …
Persistent link: https://www.econbiz.de/10010291688
Many countries suffer from persistently high unemployment rates. The scope for labour market reforms is often limited …
Persistent link: https://www.econbiz.de/10010292036
the level of the profit tax. The question of wheather there is unemployment or not turns out to be less important. …
Persistent link: https://www.econbiz.de/10010297783
determined by the overall unemployment rate. It is argued both on analytical and numerical grounds that the second alternative is …
Persistent link: https://www.econbiz.de/10010298106
and increases inflation while unemployment remains unaffected. Thus, at least German trade unions do not seem to be as …
Persistent link: https://www.econbiz.de/10010305504
What are the effects of firm- and sector-level trade unions on unemployment and aggregate output if individuals have … demand then, ceteris paribus, increases and unemployment falls. This new mechanism interacts with the negative employment … indicates that the unemployment damping effect of rent-sharing motives mitigates but does not compensate for the unemployment …
Persistent link: https://www.econbiz.de/10011348282
security system in an economy with unemployment caused by trade unions. Using a simple two-period overlapping generations …
Persistent link: https://www.econbiz.de/10011592181
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...
Persistent link: https://www.econbiz.de/10011605104
of firms, implying a reduction of the unions' expected bargaining power. Moreover, union heterogeneity constitutes an (un)employment … liberalization will increase (decrease) unemployment. …
Persistent link: https://www.econbiz.de/10012030960
detrended unemployment remains unaffected. The effects are stable even after controlling for partisan politics. Thus, at least …
Persistent link: https://www.econbiz.de/10010270380