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The articles in this e-bookinvestigate, from different points of view, the main theme - labour, productivity and growth - by employing a variety of econometric methods. These include: a) improvement of the evaluation of the impact of labour market flexibility on economic performance; b) analysis of the macroeconomic law of decreasing returns to labour; c) a new panel cointegration method; d) a re-interpretation of cointegration analysis to assess the impact of incomes policy. Institutional variables, in particular the system of industrial relations, are duly considered. The articles in this…mehr

Produktbeschreibung
The articles in this e-bookinvestigate, from different points of view, the main theme - labour, productivity and growth - by employing a variety of econometric methods. These include: a) improvement of the evaluation of the impact of labour market flexibility on economic performance; b) analysis of the macroeconomic law of decreasing returns to labour; c) a new panel cointegration method; d) a re-interpretation of cointegration analysis to assess the impact of incomes policy. Institutional variables, in particular the system of industrial relations, are duly considered. The articles in this e-book highlight different causes of sluggish economic (productivity) growth in Europe, resorting not only to traditional macroeconomic variables, such as total factor productivity and labour market flexibility, but also to such factors as neo-corporatist industrial relations and management practices, which are generally neglected in the literature.

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