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Economic Changes, Vulnerabilities, and Institutional Capabilities

Fritz W. Scharpf

in Welfare and Work in the Open Economy Volume I: From Vulnerability to Competitiveness in Comparative Perspective

Published in print:
2000
Published Online:
November 2003
ISBN:
9780199240883
eISBN:
9780191600173
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199240884.003.0002
Subject:
Political Science, Comparative Politics

The chapter examines the common pressures on employment and the welfare state that originated from changes in the international economic environment after the early 1970s, and it relates these to ... More


The Euro and Labour Market and Wage Policies

Colin Crouch

in European States and the Euro: Europeanization, Variation, and Convergence

Published in print:
2002
Published Online:
November 2003
ISBN:
9780199250257
eISBN:
9780191599101
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199250251.003.0012
Subject:
Political Science, European Union

Assesses the capacity of national‐level labour‐market institutions to adapt to developments within the Euro‐zone, and how far the move towards a single currency might provoke or obstruct the ... More


Conclusions

A. B. Atkinson

in The Changing Distribution of Earnings in OECD Countries

Published in print:
2008
Published Online:
September 2008
ISBN:
9780199532438
eISBN:
9780191714559
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199532438.003.0011
Subject:
Economics and Finance, Development, Growth, and Environmental, International

This chapter reviews the discussions in the preceding chapters. It argues that the distribution of earnings is not outside our control. Although governments are constrained by the global economy and ... More


Distribution and Collective Bargaining

J. E. M. Thirkell, K. Petkov, and S. A. Vickerstaff

in The Transformation of Labour Relations: Restructuring and Privatization in Eastern Europe and Russia

Published in print:
1998
Published Online:
October 2011
ISBN:
9780198289791
eISBN:
9780191684760
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198289791.003.0006
Subject:
Business and Management, HRM / IR, International Business

This chapter looks at the key areas of distribution and collective bargaining, and the scope for the development of ‘normal’ labour relations and independent collective bargaining between employers ... More


Minimum Wage Effects on the Distribution of Wages and Earnings

David Neumark and William L. Wascher

in Minimum Wages

Published in print:
2008
Published Online:
September 2013
ISBN:
9780262141024
eISBN:
9780262280563
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262141024.003.0004
Subject:
Economics and Finance, Econometrics

This chapter examines how minimum wage changes affect wages and earnings, first describing how minimum wages affect the wage distribution. The effect of the minimum wage on the distribution of ... More


The Underpinnings, Precursors, and Development of the NIRA

Jason E. Taylor

in Deconstructing the Monolith: The Microeconomics of the National Industrial Recovery Act

Published in print:
2019
Published Online:
September 2019
ISBN:
9780226603308
eISBN:
9780226603445
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226603445.003.0002
Subject:
Business and Management, Business History

The policies put forth during the National Industrial Recovery Act of 1933 seem puzzling today. Why did the Roosevelt administration employ a combination of higher wage rates, shorter hours, and ... More


Public Sector Economics and the Need for Reforms

Apostolis Philippopoulos (ed.)

Published in print:
2016
Published Online:
January 2017
ISBN:
9780262034449
eISBN:
9780262332361
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262034449.001.0001
Subject:
Economics and Finance, Public and Welfare

The public sector has grown substantially in the last fifty years. In the euro area total government expenditures have been around 50% of GDP since the early 2000s, resulting in a growing tax burden, ... More


Wage Mobility and Dynamics in Italy in the 1990s

Bruno Contini, Roberto Leombruni, Lia Pacelli, and Claudia Villosio

in The Structure of Wages: An International Comparison

Published in print:
2009
Published Online:
February 2013
ISBN:
9780226470504
eISBN:
9780226470511
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226470511.003.0011
Subject:
Economics and Finance, International

This chapter, which describes the structure of wages within and between Italian firms in the 1990s, shows that firms do not follow a pay compression model in their wage policy. Firm wage policy ... More


Managing policy relations with business and unions

Lewis Minkin

in The Blair Supremacy: A study in the politics of Labour's party management

Published in print:
2014
Published Online:
September 2014
ISBN:
9780719073793
eISBN:
9781781706770
Item type:
chapter
Publisher:
Manchester University Press
DOI:
10.7228/manchester/9780719073793.003.0010
Subject:
Political Science, International Relations and Politics

Traced in this chapter is a major change with only limited indications to the party of what was involved in the development. Instrumental ‘New Labour’ moves to make relations with business more equal ... More


Macroeconomic Policies before and during the Crisis and in the Upswing

Seppo Honkapohja, Erkki A. Koskela, Willi Leibfritz, and Roope Uusitalo

in Economic Prosperity Recaptured: The Finnish Path from Crisis to Rapid Growth

Published in print:
2009
Published Online:
August 2013
ISBN:
9780262012690
eISBN:
9780262255394
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262012690.003.0059
Subject:
Economics and Finance, Econometrics

This chapter examines the impact on macroeconomic performance of monetary, exchange-rate, and fiscal policies as well as wage policies carried out in Finland from the mid-1980s to the late 1990s. It ... More


Minimum Wages and Wage Inequality

Alan Manning

in Employment in the Lean Years: Policy and Prospects for the Next Decade

Published in print:
2011
Published Online:
April 2015
ISBN:
9780199605439
eISBN:
9780191806803
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:osobl/9780199605439.003.0010
Subject:
Business and Management, Political Economy

This chapter demonstrates that the minimum wage has a larger effect on the wage distribution than commonly believed. It makes this case by discussing both British and American evidence. It first ... More


United States Size Distribution and the Macroeconomy 1986–2009

Lance Taylor, Armon Rezai, Rishabh Kumar, Nelson Barbosa, and Laura Carvalho

in Macroeconomics and Development: Roberto Frenkel and the Economics of Latin America

Published in print:
2016
Published Online:
September 2016
ISBN:
9780231175081
eISBN:
9780231541213
Item type:
chapter
Publisher:
Columbia University Press
DOI:
10.7312/columbia/9780231175081.003.0015
Subject:
Economics and Finance, Macro- and Monetary Economics

the chapter analizes income distribution in the US, focusing on its regressive evolution and highlighting the severe constraints that prevent the reduction of inequality in the US. The authors ... More


Deconstructing the Monolith: The Microeconomics of the National Industrial Recovery Act

Jason E. Taylor

Published in print:
2019
Published Online:
September 2019
ISBN:
9780226603308
eISBN:
9780226603445
Item type:
book
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226603445.001.0001
Subject:
Business and Management, Business History

The National Industrial Recovery Act (NIRA) of 1933 is generally viewed as a monolithic negative supply shock that evenly affected firms across the industrial economy during the Great Depression. ... More


Urban wages in China

Lina Song

in The Oxford Companion to the Economics of China

Published in print:
2014
Published Online:
December 2014
ISBN:
9780199678204
eISBN:
9780191788635
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199678204.003.0036
Subject:
Economics and Finance, South and East Asia

This chapter examines the urban wage structure in China which reflects both a dualistic model of development and a transition from institutionally determined wages to market determined wages. The ... More


At the Public Convenience? How should we Set Public Sector Pay and How should we Change it?

A.N. Other

in Employment in the Lean Years: Policy and Prospects for the Next Decade

Published in print:
2011
Published Online:
April 2015
ISBN:
9780199605439
eISBN:
9780191806803
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:osobl/9780199605439.003.0016
Subject:
Business and Management, Political Economy

This chapter briefly reviews trends in public and private sector pay in the UK over the last ten years and outlines how public sector pay has been set and uprated. It analyzes the workings of the pay ... More


Moral Hazard and Herd Behaviour in the Financial Crisis

Bruno S. Frey and Reto Cueni

in Contract Governance: Dimensions in Law and Interdisciplinary Research

Published in print:
2015
Published Online:
September 2015
ISBN:
9780198723202
eISBN:
9780191790294
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198723202.003.0004
Subject:
Law, Company and Commercial Law, Comparative Law

There is always the risk that a predominant opinion suppresses alternative arguments. Once such an opinion prevails in an organization, it imposes costs to everyone who contradicts. If these costs ... More


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