Product Market Integration and Wage Formation
نویسندگان
چکیده
منابع مشابه
Uk Labour Market Reforms and Sectoral Wage Formation
This paper estimates the impact of UK labour market reforms on UK wages in seven industrial sectors. We estimate real wage equations, disaggregated by industry, and find that the introduction of labour market reforms corresponds with an increase in wage flexibility for some of our sample industries from 1986 onwards. The main findings of this study are as follows: 1. Unemployment only has a sig...
متن کاملProduct Market Regulation and Endogenous Union Formation
Product Market Regulation and Endogenous Union Formation We contribute to the growing literature which aims to link product market regulation and competition to labor market outcomes, in an attempt to explain the divergent US and continental European labor market performance over the past two decades. The main contributions of this paper are threefold. First, we show that the choice of bargaini...
متن کاملEuropean product market integration after the euro
Using a detailed data set of prices of consumer goods in European cities from 1990 to Spring 2003, we investigate the question of whether the introduction of the euro in January 1999 increased integration of consumer markets as reflected by consumer prices. In fact, we find no tendency for prices to converge after January 1999. This finding holds even when we control for a number of factors tha...
متن کاملThe Influence of Labour market dynamics on Wage Formation
This paper surveys empirical Phillips curve and wage curve models for The Netherlands. It provides a simple theoretical model with which an appropriate specification for Phillips curve and wage curve models can be derived, which reckons with labour market tightness and fits into a flow model of the labour market. We find that in particular the short term unemployment-vacancy ratio and flows fro...
متن کاملOpinion on Integration : Market and Product Review , Phase 1
The Market Surveillance Committee (MSC) of the California Independent System Operator has been asked to provide an opinion on the three components of the Nov. 4, 2011 Draft Final Proposal for the Renewable Integration: Market and Product Review, Phase 1. The purpose of that proposal is to identify modifications to the market rules that could be quickly implemented in order to facilitate integra...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Economic Integration
سال: 2000
ISSN: 1225-651X,1976-5525
DOI: 10.11130/jei.2000.15.2.280