The role of wage setting institutions on wage cyclicality: Some unexpected patterns from Germany
Gartner, Hermann, Schank, Thorsten & Schnabel, Claus. It is often argued that trade unions lead to higher wages but, according to the findings presented in this column, collective bargaining cannot be blamed for sticky wages in Germany during the 1990s. Πηγή: Voxeu πλήρες κείμενο
Deposit Flight From Europe Banks Eroding Common Currency
Onaran, Yalman. An accelerating flight of deposits from banks in four European countries is jeopardizing the renewal of economic growth and undermining a main tenet of the common currency: an integrated financial system. Πηγή: Bloomberg πλήρες κείμενο