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Nominal and Real Wage Flexibility in EMU
Arpaia, Alfonso - 2008
Both common macroeconomic shocks and country-specific developments have subjected the flexibility of wage setting mechanisms in the euro area to a stress test in recent years. Against this background, this paper takes a fresh look at wage flexibility in EMU and attempts to draw a few lessons...
Persistent link: https://www.econbiz.de/10012726427
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The endogeneity of business cycle synchronisation in SADC : a GMM approach
Nzimande, Ntokozo Patrick; Ngalawa, Harold - In: Cogent economics & finance 5 (2017) 1, pp. 1-14
Studies often conclude that the proposed Southern African Development Community monetary union would be disastrous and not optimal for all member countries. This is because of the observed low, and sometimes negative business cycle correlation amongst member countries. However, it has been...
Persistent link: https://www.econbiz.de/10011882592
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Estonia and the European Monetary Union : are there benefits from a “late” accession?
Baas, Timo - 2014
der Theorie optimaler Währungsräume die Vorteile eines Beitritts reduzieren. In diesem Artikel werden die Gewinne einer …
Persistent link: https://www.econbiz.de/10010417152
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Institutional determinants of labour market outcomes in the EU : a social model employment efficiency and income distribution index
Knogler, Michael; Lankes, Fidelis - 2015
Labour market performance as measured by employment rates conceals significant differences among EU countries. In 2014 … the variation was between 48.8% in Greece and 74.4% in Sweden. Average employment rate for the EU28 was at 64.8% in 2014 … showing the dimensions of social models. We use these dimensions to develop two indices which capture the employment and …
Persistent link: https://www.econbiz.de/10011375692
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Labour Flexibility and Migration in the EU Eastward Enlargement Context : The Case of the Baltic States
Paas, Tiiu; Eamets, Raul; R??m, Marit; Selliov, Rena; … - 2002
The eastward enlargement of the European Union and the requirements of the European Monetary Union increase pressure for flexibility of labour markets. This paper analyses main changes in the Baltic States? labour market over the period 1990 - 2001 giving emphasis on the problems of labour...
Persistent link: https://www.econbiz.de/10010262880
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Labour Market Deregulation and the Decline of Labour Power in North America and Western Europe
Peters, John - 2010
The goal of this article is to provide a critical evaluation of what has happened to organized labour and labour markets since 1980. It examines the impacts of labour market deregulation on wage share and pay standardization. It also explores how recent economic changes have weakened organized...
Persistent link: https://www.econbiz.de/10014195612
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Trade, factor mobility and the extent of economic integration : theory and evidence
Mikolajun, Irena; Viaene, Jean-Marie - 2015
The Middle East was once seen as a medieval great globalized force. Nowadays it shows one of the lowest intra-regional trade in the world and therefore it is claimed that the region is poorly integrated. Yet, with the steady flow of workers across national borders of the Middle East is this...
Persistent link: https://www.econbiz.de/10011305771
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Trade, factor mobility and the extent of economic integration : theory and evidence
Mikolajun, Irena; Viaene, Jean-Marie - 2015
The Middle East was once seen as a medieval great globalized force. Nowadays it shows one of the lowest intra-regional trade in the world and therefore it is claimed that the region is poorly integrated. Yet, with the steady .ow of workers across national borders of the Middle East is this...
Persistent link: https://www.econbiz.de/10011309224
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Employment and wage adjustments in Euroland's labour market : a bird's eye view
Hofer, Helmut; Pichelmann, Karl - 1999
Euroland's employment now responding much stronger to cyclical fluctuations in output than in the past, and even somewhat … stronger than in the US. Thus, it appears rather implausible that overall too strict employment protection regulations can …
Persistent link: https://www.econbiz.de/10009712936
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Turkish delight for some, cold turkey for others?: The effects of the EU-Turkey Customs Union
Adam, Antonis; Moutos, Thomas - 2005
Following Turkey’s application for EU membership in 1987, a Customs Union (CU) between Turkey and the EU, mainly covering trade in manufacturing goods and processed agricultural products, came into effect in 1995. In addition to a large agricultural sector, Turkey also specializes in the...
Persistent link: https://www.econbiz.de/10010261340