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Insufficiently flexible labour markets combined with high welfare costs are often thought to be the main cause of unsatisfactory growth in Europe. This paper uses the OECD data on regulation of the product and labour market to confirm the difference in the extent of regulation between US and...
Persistent link: https://www.econbiz.de/10011435127
Die EU hat sich mit der Lissabon-Strategie bis 2010 ehrgeizige Ziele gesetzt. Die Union soll zum wettbewerbsfähigsten Wirtschaftsraum der Welt, der am schnellsten wächst und auch die hohen Sozialstandards beibehält, werden. Zusätzlich sollte die Wirtschaftsentwicklung auch umweltschonend,...
Persistent link: https://www.econbiz.de/10011435171
Since the 1960s, several countries have adopted incomes policies to control inflation that was interpreted as the result of a distributional struggle between business and labour unions. This theoretical framework, termed the "battle of the mark-ups", has also formed the basis for estimating...
Persistent link: https://www.econbiz.de/10011435195
Globalisation and the ageing of the work force represent a dual challenge for enterprises. The first exerts pressure on … after a certain age, particularly for unskilles and semiskilled workers involved in heavy physical work and where seniority … extent innovative and flexible organisation of work may ensure the survival of the production site in a highly developed …
Persistent link: https://www.econbiz.de/10011435206
Since the 19960s, several countries have adopted income policies in various forms to control inflation that had been interpreted as the result of a distributional struggle between business and labour unions. Recent writings on the NAIRU, however, ignore past policy interventions in the wage and...
Persistent link: https://www.econbiz.de/10011435237
The growth performance of countries proved to be very different during the recent crisis. We apply principal component analysis to derive a single ordinal indicator on growth performance and to analyse whether initial conditions of economies or structural characteristics can explain the...
Persistent link: https://www.econbiz.de/10011435319
This paper investigates the performance of labour markets during the recent crisis for 28 industrialised countries, specifically the reaction of employment and unemployment indicators relative to output changes. We construct a composite indicator for output as well as labour market performance....
Persistent link: https://www.econbiz.de/10011435322
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