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Wage Bargaining Regimes and Firms' Adjustments to the Great Recession

Ronchi, Maddalena - 2017

The paper aims at investigating to what extent wage negotiation set-ups have shaped up firms' response to the Great Recession, taking a firm-level cross-country perspective. We contribute to the literature by building a new micro-distributed database which merges data related to wage bargaining...

Persistent link: https://www.econbiz.de/10012956268

Wage bargaining regimes and firms' adjustments to the Great Recession

Ronchi, Maddalena; Di Mauro, Filippo - 2017

Persistent link: https://www.econbiz.de/10011667221

Wage inequality in Spain: recent developments

Izquierdo, Mario; Lacuesta, Aitor - 2007

This paper analyses wage inequality in Spain from 1995 to 2002. Inequality has decreased slightly in this period … on inequality of changes in the composition of the labour force and changes in relative returns. We focus mainly on three … tenure level. On one hand, changes in the composition of the labour force would have increased inequality had the structure …

Persistent link: https://www.econbiz.de/10011604827

National prices and wage setting in a currency union

Sánchez, Marcelo - 2009

Existing work on wage bargaining (as exemplified by Cukierman and Lippi, 2001) typically predicts more aggressive wage setting under monetary union. This insight has not been confirmed by the EMU experience, which has been characterised by wage moderation, thereby eliciting criticism from Posen...

Persistent link: https://www.econbiz.de/10011605104

National Prices and Wage Setting in a Currency Union

Sánchez, Marcelo - 2021

Persistent link: https://www.econbiz.de/10013316374

The COVID-19 consumption game-changer: Evidence from a large-scale multi-country survey

Hodbod, Alexander; Hommes, Cars H.; Huber, Stefanie J.; … - 2021

Prospective economic developments depend on the behavior of consumer spending. A key question is whether private expenditures recover once social distancing restrictions are lifted or whether the COVID-19 crisis has a sustained impact on consumer confidence, preferences, and, hence, spending....

Persistent link: https://www.econbiz.de/10012661627

Estimating the effects of fiscal policy in OECD countries

Perotti, Roberto - 2002

This paper studies the effects of fiscal policy on GDP, prices and interest rates in 5 OECD countries, using a structural Vector Autoregression approach. Its mains results can be summarized as follows; 1) The effects of fiscal policy on GDP and its components have become substantially weaker in...

Persistent link: https://www.econbiz.de/10011604214

Identifying fiscal shocks and policy regimes in OECD countries

de Arcangelis, Giuseppe; Lamartina, Serena - 2003

Persistent link: https://www.econbiz.de/10011604327

Fiscal policy events and interest rate swap spreads: evidence from the EU

Afonso, António; Strauch, Rolf - 2004

In this paper we assess the importance given in capital markets to the credibility of the European fiscal framework. We evaluate to which extent relevant fiscal policy events taking place in the course of 2002 produced a reaction in the long-term bond segment of the capital markets. Firstly, we...

Persistent link: https://www.econbiz.de/10011604349

The economic effects of exogenous fiscal shocks in Spain: a SVAR approach

de Castro Fernández, Francisco; Hernández de Cos, Pablo - 2006

This paper estimates the effects of exogenous fiscal policy shocks in Spain in a VAR framework. Government expenditure expansionary shocks are found to have positive effects on output in the short-term at the cost of higher inflation and public deficits and lower output in the medium and long...

Persistent link: https://www.econbiz.de/10011604693