Labor Market Structures and the Sacrifice Ratio.
Using OECD panel data for 1961–2000 we provide evidence that the output cost associated with disinflation (the sacrifice ratio) decreases with coordination between wage-setters in the labor market. The relationship holds for alternative measures of labor market coordination and after controlling for...
Main Authors: | Bowdler, C, Nunziata, L |
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Format: | Journal article |
Sprog: | English |
Udgivet: |
Elsevier
2010
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Lignende værker
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Labor Market Structures and the Sacrifice Ratio
af: Bowdler, C
Udgivet: (2010) -
Inflation Adjustment and Labour Market Structures: Evidence from a Multi-country Study.
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Sacrifice /
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Udgivet: (1997) -
A note on the determinants of inflation starts in the OECD.
af: Bowdler, C, et al.
Udgivet: (2004) -
Trade Union Density and Inflation Performance: Evidence from OECD Panel Data.
af: Bowdler, C, et al.
Udgivet: (2006)