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Is corporatism feasible?
Acocella, Nicola; Bartolomeo, Giovanni Di - EconWPA - 2003
In this paper we consider a standard policy game between the Government and a union. In such a framework, we first investigate the effects of corporatism on macroeconomic performance vis-à-vis different kinds of non-co-operative equilibria. Afterwards, we introduce in the literature the issue...
Persistent link: https://www.econbiz.de/10005076716
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Robustness and feasibility of corporatism
Acocella, Nicola; Bartolomeo, Giovanni Di - Dipartimento di Economia e Diritto, Facoltà di Economia - 2001
By considering a standard game between the Government and a centralised trade union, we investigate the robustness of the claim that corporatism has a positive effect on macroeconomic performance. We test this claim with respect to different kinds of non-co-operative equilibria, model...
Persistent link: https://www.econbiz.de/10009649944
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Is corporatism feasible?
Acocella, Nicola; Bartolomeo, Giovanni Di - EconWPA - 2005
welfare, since it often reduces the union’s utility. In particular, we show that an inflation-neutral union will never find it …
Persistent link: https://www.econbiz.de/10005412619
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The Impact of Central Bank Independence and Union Concentration on Macroeconomic Perfromance in the Presence of Aggregate Supply Shocks. Evidence from 10 OECD Countries (1971-85).
Chou, Y.K. - Department of Economics, Faculty of Business and Economics - 2001
-shaped relationship between union density and inflation, and a negative relationship between union concentration and inflation. These …
Persistent link: https://www.econbiz.de/10005587607
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Between institutions and global forces : Norwegian wage formation since industrialisation
Nymoen, Ragnar - In: Econometrics : open access journal 5 (2017) 1, pp. 1-54
related to the macroeconomic development, and presents dynamic econometric models of nominal and real wages. Single equation … and multi-equation models are reported. The econometric modelling uses a new data set with historical time series of wages …. Nevertheless, there is also evidence that global forces have been at work for a long time, in a way that links real wages to …
Persistent link: https://www.econbiz.de/10011653824
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The Impact of Reference Norms on Inflation Persistence When Wages are Staggered
Knell, Markus - 2009
In this paper we present an extension of the Taylor model with staggered wages in which wage-setting is also influenced … by reference norms (i.e. by benchmark wages). We show that reference norms can considerably increase the persistence of … inflation and the extent of real wage rigidity but that these effects depend on the definition of reference norms (e.g. how …
Persistent link: https://www.econbiz.de/10012763968
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Wages and employment in the Netherlands, 2017-2023
Klinker, Iris; Weel, Bas ter - 2024
This research documents changes in employment and wages in the Netherlands for different types of workers. We compare … 2017 to 2023 using regression-adjusted wages to make sure changes in composition of the workforce do not influence our … estimates. The research period has been characterised by high labour demand, negative supply shocks, high levels of inflation …
Persistent link: https://www.econbiz.de/10014541860
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Wages and employment in the Netherlands, 2017-2023
Klinker, Iris; Weel, Bas ter - 2024
This research documents changes in employment and wages in the Netherlands for different types of workers. We compare … 2017 to 2023 using regression-adjusted wages to make sure changes in composition of the workforce do not influence our … estimates. The research period has been characterised by high labour demand, negative supply shocks, high levels of inflation …
Persistent link: https://www.econbiz.de/10014545239
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Central Bank Independence, Centralization of Wage Bargaining, Inflation and Unemployment: Theory and Evidence
Cukierman, A.; Lippi, F. - Banca d'Italia - 1998
wage, unemployment and inflation. This is done by considering a two-stage strategic interaction between a central bank (CB … wages of other unions and the reaction-function of the CB as given. …
Persistent link: https://www.econbiz.de/10005640916
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Labour Market Conditions and Wage Inflation in CEE Economies
Auer, Simone - 2019
relation between labour market slack and nominal wage inflation in the Central and Eastern European (CEE) economies between … 2001 and 2017. However, after 2009 wage inflation was significantly below the value that would have been predicted by an …
Persistent link: https://www.econbiz.de/10012865604