G2TT
来源类型Discussion paper
规范类型论文
来源IDDP114
DP114 Union Activity and Economic Resilience
Dennis Snower; Assar Lindbeck
发表日期1986-06-01
出版年1986
语种英语
摘要The paper analyzes how the influence of labour unions over wage contracts may make an economy less "resilient". Loss of resilience is depicted in two conceptually independent ways: (i) the tendency of exogenous variations in unemployment to become perpetuated and (ii) the possibility that such swings may give rise to a wage-unemployment ratchet. In this manner, the analysis attempts to provide an explanation of why unemployment rates in Europe and the United States have displayed an upward trend over the past fifteen years and why the United States recovered much more speedily from the recession of the early 1980s than did most European economies.
主题International Macroeconomics
关键词Economic resilience Insider-outsider analysis Labour unions Unemployment Union activity Wage-unemployment movements
URLhttps://cepr.org/publications/dp114
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/529270
推荐引用方式
GB/T 7714
Dennis Snower,Assar Lindbeck. DP114 Union Activity and Economic Resilience. 1986.
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