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The impact of the labour legislation reform in Germany : labour market reforms and the "jobs miracle" in Germany
Knuth, Matthias - 2014
Radical labour market reforms were implemented in Germany between 2002 and 2005, reforms that overturned the received … idea that Germany was suffering from "reform paralysis". However, the part of these reforms that specifically concerned … controversial and changed the party-political landscape in Germany. Shortly after the reforms were introduced, a trend reversal took …
Persistent link: https://www.econbiz.de/10010520704
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Optimal dynamic risk sharing when enforcement is a decision variable
Koeppl, Thorsten V. - 2003
Societies provide institutions that are costly to use, but able to enforce long-run relationships. We study the optimal decision problem of using self-governance for risk sharing or governance through enforcement provided by these institutions. Third-party enforcement is modelled as a costly...
Persistent link: https://www.econbiz.de/10009635888
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Relevant economic issues concerning the optimal rate of inflation
Rodriguez-Palenzuela, Diego; Camba-Mendez, Gonzalo; … - 2003
This paper reviews the key economic issues concerning the welfare costs of inflation and deflation, with a view to shedding light on the desirable properties of the inflation process. Our review of the evidence on the overall costs of inflation and deflation indicates that such costs could be...
Persistent link: https://www.econbiz.de/10009635897
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Risk sharing through financial markets with endogenous enforcement of trades
Köppl, Thorsten V. - 2004
When people share risk in financial markets, intermediaries provide costly enforcement for most trades and, hence, are an integral part of financial marketsu0092 organization. We assess the degree of risk sharing that can be achieved through financial markets when enforcement is based on the...
Persistent link: https://www.econbiz.de/10009636542
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Industrial relations developments in Europe 2009
Carley, Mark; McKay, Sonia; Miller, Jean-Michel - 2010
This annual review highlights the most significant developments that took place in industrial relations in the EU Member States and Norway in 2009, both at national and EU level. It first sets out the political context, then goes on to examine levels of coverage of collective bargaining, and...
Persistent link: https://www.econbiz.de/10011929350
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Industrial relations and working conditions developments in Europe 2010
Sweeney, Ben; Curtarelli, Maurizio; Aumayr, Christine - 2011
With a particular focus on the crisis and responses to it, this annual review highlights developments in working conditions and industrial relations in the EU Member States and Norway in 2010, both at national and EU level. At national level, the report examines key issues covered by collective...
Persistent link: https://www.econbiz.de/10011929352
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Joint social partner structures and restructuring : Comparing national approaches
GHK Consulting - 2009
This report examines some of the ways in which the social partners have been involved in anticipating and managing change – namely, through their establishment or close participation in ‘transitional agencies’ and other structures set up to minimise the negative consequences of...
Persistent link: https://www.econbiz.de/10011998837
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Upskilling in the recession : the ProAct short-time working scheme in Wales (UK)
European Foundation for the Improvement of Living and … - 2010
ProAct is a £48 million programme launched by the Welsh Assembly Government (WAG) in response to the economic crisis. Through social partner engagement, the Welsh Assembly Government developed and implemented the ProAct initiative in a matter of two to three months with the aim of helping...
Persistent link: https://www.econbiz.de/10012023021
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Aiming for a ‘soft landing’ – Plansee Group (Austria)
European Foundation for the Improvement of Living and … - 2010
This case study looks at the way in which the Plansee Group in Austria has sought to ensure a ‘soft landing’ for employees affected by the global economic downturn. Having seen a collapse in demand in 2008, primarily in the parts of its business supplying metal products to the ailing vehicle...
Persistent link: https://www.econbiz.de/10012023025
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The Great Depression and the Friedman-Schwartz hypothesis
Christiano, Lawrence; Motto, Roberto; Rostagno, Massimo - 2004
We evaluate the Friedman-Schwartz hypothesis that a more accommodative monetary policy could have greatly reduced the severity of the Great Depression. To do this, we first estimate a dynamic, general equilibrium model using data from the 1920s and 1930s. Although the model includes eight...
Persistent link: https://www.econbiz.de/10009636549