Traces developments in the prices and incomes Accord, and assesses its impact on wage restraint and labour relations.

The corporate governance problem of state enterprises in former socialist economies can give rise to excessive wage claims and/or capital decumulation. This paper focuses on these problems, highlighting the dynamic links between wage behavior, the fiscal deficit, inflation and the capital stock....

"Given the recent financial crisis, the German labour market performs relatively well. This has not been the case until recent years: collective bargaining and the rigid system of wage setting have been often cited as one of the reasons for Germany's high structural unemployment. Contrary, a...

1. In der lohnpolitischen Theorie und Praxis orientiert man sich in der Bundesrepublik Deutschland immer noch am anti quierten Modell des "geschlossenen Arbeitsmarktes": Arbeit geber- und Arbeitnehmerkartelle fixieren "autonom" das nationale Reallohn- und das nationale Realgewinnniveau, wo raus...

1. In der lohnpolitischen Theorie und Praxis orientiert man sich in der Bundesrepublik Deutschland immer noch am anti quierten Modell des "geschlossenen Arbeitsmarktes": Arbeit geber- und Arbeitnehmerkartelle fixieren "autonom" das nationale Reallohn- und das nationale Realgewinnniveau, wo raus...

"Given the recent financial crisis, the German labour market performs relatively well. This has not been the case until recent years: collective bargaining and the rigid system of wage setting have been often cited as one of the reasons for Germany's high structural unemployment. Contrary, a...