Recent research convincingly shows that crises beget reform. Although the consensus is that economic crises foster macroeconomic stabilization, it is silent on which types of crises cause which types of reform. Is it economic or political crises that are the most important drivers of structural...

This paper studies theoretically and empirically why and how labor policies may reduce productivity and employment in order to stabilize labor incomes and redistribute resources. It proposes a specific stylized model where the tradeoffs facing labor policies are influenced by structural factors,...

Diese Studie rekonstruiert die Entwicklungen der Löhne und Lohnungleichheiten während der Eurokrise aus einer gesamteuropäischen sowie inner- und zwischenstaatlichen Perspektive. Es wird gezeigt, dass die unterschiedlichen betrieblichen als auch arbeitsmarktpolitischen Anpassungenin den...