文章基本信息

标题：Wage Norms in Europe – A Curse or Blessing?
本地全文：下载
作者：Torben M. Andersen
期刊名称：CESifo Forum
印刷版ISSN：1615-245X
出版年度：2004
期号：01
出版社：Ifo Institute for Economic Research
摘要：The characteristics of European labour markets are centre stage to many policy issues. Structural problems causing impediments in the adjustment process are widely perceived to be a key reason for persistent unemployment problems in a number of European countries. Furthermore, the formation of the European Monetary Union is often taken to put further demands on the flexibility of wages to compensate for lack of (national) instru- ments to deal with country specific shocks. In the absence of sufficient flexibility it follows that asym- metries and differences in labour market perfor- mance across European countries may not only per- sist but increase. However, labour market structures and institutions may adapt as a response to the inte- gration process, and therefore it is necessary to eval- uate the mechanisms through which labour markets could be affected by integration before any conclu- sions on the need for structural labour market reforms can be made