Arbeitspapier | Working paper
Wage trends and deflation risks in Germany and Europe
"Based on a post-Keynesian model of the relationship between wages, prices and employment, this paper begins by studying the extent to which unit labour cost trends have been responsible for disinflation and deflationary tendencies in Germany and Europe. Thereafter, the reasons for the deflationary development of unit labour costs in recent years, in particular in Germany, are analysed. Finally, the impact of deflationary wage policies on German and European stagnation are discussed and it is concluded that the excessive wage restraint in Germany not only exacerbates stagnation and deflationary tendencies in Germany but might also have a deflationary impact on the other EMU countries." (author's abstract)
- Weitere Titel
-
Lohnentwicklung und Deflationsrisiko in Deutschland und Europa
- Umfang
-
Seite(n): 29
- Sprache
-
Englisch
- Anmerkungen
-
Status: Veröffentlichungsversion
- Erschienen in
-
WSI-Diskussionspapier (124)
- Thema
-
Wirtschaft
Wirtschaftspolitik
Bundesrepublik Deutschland
Lohnpolitik
Deflation
Arbeitskosten
Tarifverhandlung
Preis
Geldpolitik
Entwicklung
Arbeitsmarktentwicklung
Währungsunion
EU
Lohn
empirisch
empirisch-quantitativ
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Hein, Eckhard
Schulten, Thorsten
Truger, Achim
- Ereignis
-
Veröffentlichung
- (wer)
-
Wirtschafts- und Sozialwissenschaftliches Institut in der Hans-Böckler-Stiftung
- (wo)
-
Deutschland, Düsseldorf
- (wann)
-
2004
- Handle
- Letzte Aktualisierung
-
21.06.2024, 16:27 MESZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Hein, Eckhard
- Schulten, Thorsten
- Truger, Achim
- Wirtschafts- und Sozialwissenschaftliches Institut in der Hans-Böckler-Stiftung
Entstanden
- 2004
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