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There is a widespread perception among the public and policy-makers that EMU carries one-way pressures for enhanced flexibility in the labour market. We discuss the theoretical basis of this by examining four mechanisms through which the establishment of the common currency and the functioning...
Persistent link: https://www.econbiz.de/10013142745
Ergebnisse für Deutschland und Spanien zeigen, dass Reformen in Rezessionen kurz- und mittelfristig deutlich geringere positive …
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The article examines the macroeconomic effects of the recent labour market reforms in Germany. The reforms increased the downward pressure on wages and led to rising income inequality. Many German economists welcomed this effect, because they consider lower wages and higher wage dispersion major...
Persistent link: https://www.econbiz.de/10009779486
Distributions of tax rates on job acceptance and layoff margins are estimated for unemployed household heads and spouses under three benefit and tax rule scenarios: actual rules under the American Reinvestment and Recovery Act, rules as they would have been if they had not been changed since...
Persistent link: https://www.econbiz.de/10012460070
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Distributions of tax rates on job acceptance and layoff margins are estimated for unemployed household heads and spouses under three benefit and tax rule scenarios: actual rules under the American Reinvestment and Recovery Act, rules as they would have been if they had not been changed since...
Persistent link: https://www.econbiz.de/10013096855
Persistent link: https://www.econbiz.de/10009683429