Unemployment, wages and collective bargaining in the European Union
Abstract: "The paper questions the predominant view on unemployment and wages in the European Union according to which high unemployment is primarily caused by labour market rigidities, i.e. social institutions and regulations which prevent 'market-clearing' real wage levels and structures. It is shown that the foundations of that view coming either from neo-classical or new-Keynesian theory are not convincing, neither theoretically nor empirically. Analysing the developments in the EU during the last four decades, no strictly inverse relationship between real wage growth and unemployment can be found. On the contrary, persistently high unemployment has had strong adverse effects on nominal wage growth and on the labour income share. Weakened labour union bargaining power and changing collective bargaining strategies have contributed to this result. It is therefore concluded that the current EU economic and employment policies aiming at further wage restraint, wage differentiation and decent
- Weitere Titel
-
Arbeitslosigkeit, Löhne und Kollektivverhandlungen in der Europäischen Union
- Standort
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Deutsche Nationalbibliothek Frankfurt am Main
- Umfang
-
Online-Ressource, 29 S.
- Sprache
-
Englisch
- Anmerkungen
-
unbekannt
- Erschienen in
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WSI-Diskussionspapier ; Bd. 128
- Klassifikation
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Wirtschaft
- Ereignis
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Veröffentlichung
- (wo)
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Düsseldorf
- (wann)
-
2004
- Urheber
-
Hein, Eckhard
Schulten, Thorsten
- Beteiligte Personen und Organisationen
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Wirtschafts- und Sozialwissenschaftliches Institut in der Hans-Böckler-Stiftung
- URN
-
urn:nbn:de:101:1-2019072511520383396563
- Rechteinformation
-
Open Access unbekannt; Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
- Letzte Aktualisierung
-
15.08.2025, 07:32 MESZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
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Beteiligte
- Hein, Eckhard
- Schulten, Thorsten
- Wirtschafts- und Sozialwissenschaftliches Institut in der Hans-Böckler-Stiftung
Entstanden
- 2004
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