Als weiterer Redner beim 3. Munich Economic Summit äußerte sich Prof. Giuseppe Bertola, Universitá di Torino, zu den aus seiner Sicht notwendigen Reformen in Europa. Er unterstrich in seinem Vortrag vor allen Dingen, dass nicht nur die Arbeitsmärkte, sondern auch andere Bereiche reformiert...

This paper outlines theoretical insights regarding the motivation and effects of labor market institutions, and reviews empirical studies of relevant evidence from European and other countries’ historical experience. Institutional interference with laissez faire labor market outcomes has both...

This paper analyses information from survey data collected in the framework of the Eurosystem's Wage Dynamics Network (WDN) on patterns of firm-level adjustment to shocks. We document that the relative intensity and the character of price vs. cost and wage vs. employment adjustments in response...

This paper analyses information from survey data collected in the framework of the Eurosystem's Wage Dynamics Network (WDN) on patterns of firm-level adjustment to shocks. We document that the relative intensity and the character of price vs. cost and wage vs. employment adjustments in response...