Heinbach, Wolf Dieter; Schröpfer, Stefanie - Institut für Volkswirtschaftslehre, Fakultät … - 2007
The prevalence of opening clauses in collective bargaining agreements may indicate a tendency to a higher decentralised …-setting decentralisation, whereas theoretical explanations focus currently on the change of production structure and the impact of exogenous … shocks. Incorporating stylised facts about exporting firms, new trade models suggest a different way of adjustment to …