Showing 1 - 10 of 41
Do public sector wages exert pressures on private sector wages, or has the private sector a leadership role in wage setting? This paper tries to isolate the pure signalling effect that one sector might exert on the other by controlling for other determinants of wages (prices, productivity,...
Persistent link: https://www.econbiz.de/10009640411
a nontrivial government sector/public sector union that endogenously determines public employment and wages. Our model …
Persistent link: https://www.econbiz.de/10009640488
analysing key developments in industrial relations across the European Union and Norway. The emphasis of this study is on …
Persistent link: https://www.econbiz.de/10009636326
At European level, the debate on flexicurity is currently high on the employment and social policy agenda. Member States are reflecting on the best way to adapt their systems to the "new reality" of maintaining the balance between the need for flexibility in the labour market to allow companies...
Persistent link: https://www.econbiz.de/10010352899
This report presents a comparison of national industrial relations systems in the EU25, exploring the differences between individual systems and their effects on the economy. The report is based on the more detailed findings of a research project entitled "Quality of industrial relations:...
Persistent link: https://www.econbiz.de/10010347007
The aim of this paper is twofold. First, for West Germany, France, Italy and US, we econometrically select within a SVAR model some fiscal policy regimes, i.e. a u0094set of rulesu0094 for the implementation of fiscal policies. Second, we identify the fiscal policy shocks related to different...
Persistent link: https://www.econbiz.de/10009635887
This paper examine differences between risk-neutral and objective probability densities of future interest rates. The identification and quantification of these differences are important when risk-neutral densities (RNDs), such as option-implied RNDs, are used as indicators of actual beliefs of...
Persistent link: https://www.econbiz.de/10009635905
, monetary union may greatly increase the amount of trade among members (Rose 2001). Putting these together, we see that … formation of a monetary union may induce changes that help harmonise inflation rates. The effect might be large if the … elimination of exchange rate volatility simultaneously leads to a large increase in intra-union trade and a big increase in the …
Persistent link: https://www.econbiz.de/10009635969
Strukturen der allgemeinen und beruflichen Bildung und der Erwachsenenbildung in Europa Wer die allgemeine Organisation der Bildungssysteme in Europa kennen lernen möchte, findet die entsprechende Basisinformation in den ca. 40-Seiten umfassenden Länderberichten. Diese Monografien werden...
Persistent link: https://www.econbiz.de/10009636183
This paper uses data on German government bond futures options to examine the behaviour of market expectations around monetary policy actions of the European Central Bank (ECB). In particular, this paper focuses on the asymmetries in bond market expectations, as measured by the skewness of...
Persistent link: https://www.econbiz.de/10009636538