1. |
|
|
2. |
|
|
3. |
|
|
4. |
|
|
5. |
|
|
6. |
|
|
7. |
- Lindbeck, Assar, et al.
(författare)
-
Union Activity and Wage-Employment Movements
- 1986
-
Rapport (övrigt vetenskapligt/konstnärligt)abstract
- The paper analyzes how the influence of labor unions over wage contracts may make the labor market less "resilient". Loss of resilience is depicted in two conceptually independent ways: (i) a tendency for changes in unemployment caused by exogenous labor demand shock to persist, (ii) a long-run tendency of such shocks to generate a bounded wage-unemployment ratchet. In this manner, the analysis may help explain why unemployment rates in Europe and the United States have had an upward trend over the past one and a half decades and why the expansion of employment has been much greater in the U.S. than in most European economies after the recent deep recessions.
|
|
8. |
|
|