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Persistent link: https://www.econbiz.de/10012003620
Starting from the theoretical argument underlying the “hump shape” hypothesis, the paper investigates the various dimensions of centralisation in the wage formation process. The diversity of effects discussed in the paper makes it harder to arrive at unambiguous policy conclusions. Careful...
Persistent link: https://www.econbiz.de/10012442866
Persistent link: https://www.econbiz.de/10012134937
The rise in European unemployment has inspired much new research on the causes and mechanisms of unemployment, analogous to the interest devoted to unemployment in the 1930s. The new research has to a large extent focused on wage-setting behaviour, as is revealed by the rapid growth of...
Persistent link: https://www.econbiz.de/10012443848
It is a common view that labor market programs reduce unemployment and restrain wages by increasing the competition for jobs. The Swedish case is often advanced as a blueprint to follow. This article questions the conventional wisdom on the Swedish labor-market policies. It finds empirical...
Persistent link: https://www.econbiz.de/10005392788
The issue of low-wage competition in services trade involving posted workers is controversial in the EU. Using Swedish survey data, people's attitudes are found to be more negative to such trade than to goods trade. The differences depend on both a preference for favouring social groups to which...
Persistent link: https://www.econbiz.de/10011051777
Persistent link: https://www.econbiz.de/10011034083
Although there is a large literature on employment effects of earned income tax credits (EITCs) and unemployment benefits, less is known about wage effects. In our model, the impact is via the net (after-tax) replacement rate. Using a panel of individuals from Sweden, we find a positive...
Persistent link: https://www.econbiz.de/10011151407
Persistent link: https://www.econbiz.de/10005035270
Starting from the theoretical argument underlying the “hump shape” hypothesis, the paper investigates the various dimensions of centralisation in the wage formation process. The diversity of effects discussed in the paper makes it harder to arrive at unambiguous policy conclusions. Careful...
Persistent link: https://www.econbiz.de/10005046003