This paper presents an application of the Generalised Error Correction Model (GECM) for heterogeneous factor demands based on the quadratic cost function. Using data for 26 West German manufacturing industries…
There are over 180 ILO conventions in many areas of labour law, industrial relations and social security, but they are not ratified universally: for the conventions adopted between 1975 and 1995, the cumulated…
This paper analyzes the influence of the structure of collective bargaining on direct investment abroad. A wage negotiation model shows that high productive firms benefit from centralized bargaining and invest…
According to the European Parliament, unemployment, social disintegration, the lack of an integrative policy, and the worsening of urban services and living conditions cause frustration and despair, especially…
This paper analyses the developments in the returns to education in West Germany for the period from 1984 to 1997. Based on simple Mincer-type wage equations, we estimate a return of about 8% for men and 10% for…
The subject of this paper is decision-making on the adoption, ratification and implementation of conventions and recommendations of the International Labour Organization (ILO). The first part of the paper…
Productivity growth has been slow in many continental European countries overthe last few decades, especially in comparison with the United States. It has been argued thatlack of product market competition and…