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The various channels through which a reduction in the cost of offshoring can improve wages in a developed country are by now well understood. But does a similar reduction in the offshoring cost also benefit workers in the world's factories in developing countries? Using a parsimonious...
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In this paper I review what we have learned about living wage laws and their impacts on the wages, employment and poverty rates of low-wage workers. I review the characteristics of these laws and where they have been implemented to date, and what economic theory tells us about their likely...
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Over the last ten years, Germany has been the country that has displayed the greatest degree of restraint in collective bargaining. Few other OECD countries have had such a modest increase in unit labour costs and few have lived below their means to the same extent in terms of wage policy. While...
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