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Boschen and Weise (Journal of Money, Credit, and Banking, 2003) model the probability of a large upturn in inflation in the OECD (an inflation start). We extend their work to consider the impact of trade openness on the probability of such an event. The main finding is that increased openness...
Persistent link: https://www.econbiz.de/10005530415
This paper examines the impact of union membership rates on inflation in OECD countries. A positive effect of union density is estimated, even after controlling for fixed effects and time dummies. Additional institutional characteristics, for example union coordination, employment protection...
Persistent link: https://www.econbiz.de/10005786752
Using OECD panel data for 1961-2000 we provide evidence that the output cost associated with disinflation (the sacrifice ratio) decreases with coordination between wage-setters in the labor market. The relationship holds for alternative measures of labor market coordination and after controlling...
Persistent link: https://www.econbiz.de/10008488118
The impact of labour market structures on the response of inflation to macroeconomic shocks is analysed empirically. Results based on a 20-country panel show that if labour market coordination is high, the effect on inflation of movements in unemployment, import prices, tax rates and...
Persistent link: https://www.econbiz.de/10005157120
Boschen and Weise (Journal of Money, Credit and Banking, 2003) model the probability of a large upturn in inflation. We extend their work to show that openness to trade exerts a negative e¤ect on the probability of such an event.
Persistent link: https://www.econbiz.de/10010604978
Persistent link: https://www.econbiz.de/10007879086
Persistent link: https://www.econbiz.de/10007267604
Persistent link: https://www.econbiz.de/10008414948
We exploit the increase in immigration flows into western European countries that took place in the 2000s to assess whether immigration affects crime victimization and the perception of criminality among European natives. Using data from the European Social Survey, the Labour Force Survey and...
Persistent link: https://www.econbiz.de/10011078406
We use European Social Survey and Labour Force Survey data to estimate the causal effect of education on European natives' opinion toward immigration exploiting reforms in compulsory education in Europe in the 1960s through the 1990s. Our findings show that higher education leads to a more...
Persistent link: https://www.econbiz.de/10011195832