| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP2478 |
| DP2478 Austria's Hard-Currency Policy: The Mechanics of Successful Exchange-Rate Peg | |
| Andreas Fischer; Michael Dueker | |
| 发表日期 | 2000-06-27 |
| 出版年 | 2000 |
| 语种 | 英语 |
| 摘要 | The development of the unemployment rate differs substantially between OECD countries. In recent years some countries have experienced a mild increase, other countries have had a stable unemployment rate, while there are also ?successful? countries in which the unemployment rate has decreased a lot. A common feature of the successful countries is that they implemented a comprehensive set of institutional reforms. In this Paper we present a theoretical and empirical framework to investigate how unemployment is affected by different labour market institutions (LMI) such as labour taxes, unemployment benefits, employment protection, union bargaining power and (de)centralization of bargaining. We argue that complementarities between LMI can be exploited to improve labour market performance. In our empirical analysis of annual data over the period 1960?95 of 18 OECD countries we show that interactions between LMI are indeed important. |
| 主题 | Labour Economics |
| 关键词 | Oecd Unemployment Institutions Complementarities Reforms |
| URL | https://cepr.org/publications/dp2478 |
| 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/531556 |
| 推荐引用方式 GB/T 7714 | Andreas Fischer,Michael Dueker. DP2478 Austria's Hard-Currency Policy: The Mechanics of Successful Exchange-Rate Peg. 2000. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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