Reviews trends from 1980 to 1996.

Offers a comparative analysis of recent developments in collective bargaining, with particular respect to negotiations on employment and competitiveness.

Provides a comparative analysis of wage policies in the public sector of six OECD countries. Examines recent trends in reforms to the wage payment systems.

A simple econometric framework is presented linking current account balances of euro area countries to intra and extra euro area competitiveness, cyclical positions, fiscal positions and the oil price. The framework is then used to cyclically-adjust observed current account balances and...