Although the operation of national coordinated wage-bargaining systems in EMU has produced low inflation rates, EMU-wide inflation has been above the ECB target rate for the last 3 years. By contrast, under the ERM, inflation rates declined steadily after 1992 to below 2 per cent in both the...

This paper examines different levels of wage moderation in EMU member states since the introduction of the euro. Most arguments examining wage restraint have done so relying on the assumptions that relations between EMU member states are symmetric and that wage-setting systems are similar across...

This paper discusses the introduction and implementation of ISO 9000 qualitystandards in the German and French car industry. Rather than a transfer of a set ofconcrete, well-understood rules, which are ready to be implemented, the paperargues, the quality standards have to be reconstructed and...

This paper discusses finance problems of small firms. Since small firms and banks belong to different economic worlds, as a result of which information assymetries emerge, credit rationing leads to sub-optimal financing arrangements. The paper analyses institutional solutions to these...

Vertreter einer einflußreichen Argumentationsrichtung in der neueren Forschungüber die industrielle Reorganisation in modernen Industriegesellschaften sehen imAufbau zwischenbetrieblicher Vertrauensstrukturen und im relational contracting mögliche Wege, die betriebliche Organisation an die...

This paper discusses industrial and economic adjustment in France in the 1980s. Itargues that French industry followed a path of adjustment throughout the decade,which was fundamentally different from both the German-Japanese style organisedcapitalism, and the US-UK type of deregulated...

In diesem Papier werden Ausbildungszertifikate und Diplome als Industrie-Normenverstanden und analysiert, also als Dokumente mit standardisierten Informationen fürdie Akteure in der Wirtschaft. Im ersten Teil wird der vergleichende Analyserahmenentwickelt und die Hypothese über die...

This paper discusses the adjustment of large firms in France, in particular how theyregionalised their production structures in the 1980s. Throughout the Golden Age,large firms had geographically reorganised their activities: strategic planning remained in Paris, while the actual production was...

This paper discusses the development of shop floor industrial relations and industrial restructuring in France in the 1980s. It argues that French companies appeared to have found a way out of their Fordist spiral, into a form of flexible mass production, but that they managed to do so only...

This paper deals with the situation in the European car industry since the crisis of the early 1990s. After a short review of the structural problems of the industry and the main responses by car manufacturers, the discussion shifts to a detailed analysis of labour union responses. The paper...