Peripheral Europe’s Debt and German Wages. The Role of Wage Policy in the Euro Area
By Engelbert Stockhammer. 2011
132 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/ccb03ba929f0550613cf568bb5f78d968c89fa3e
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- A. Nölke
- Engelbert Stockhammer
- Bob Hancké
- S. Pant
- A. Johnston
- Özlem Onaran
- P. Tridico
- Till van Treeck
In Finance
- A. Nölke
- Engelbert Stockhammer
- Bob Hancké
- P. Hall
- Özlem Onaran
- Till van Treeck
- Firat Demir
- Eckhard Hein
Citations in the corpus
- Rising inequality as a cause of the present crisis (2015, background): “The euro area had no instruments to deal with the internal imbalances that emerged, other than trusting in labour market flexibility to adjust price levels in the nations of the euro area to bring about stability (Stockhammer, 2011B).”
- Neoliberal growth models, monetary union and the Euro crisis. A post-Keynesian perspective (2016, background): “The policy package was criticised sharply by PK economists (Arestis et al. 2001; Hein and Truger 2005; Huffschmid 2005; Bibow 2007, Stockhammer 2011): first, they predicted, reliance on labour market flexibility will not generate full employment.”
- Crisis and recovery in the German economy: The real lessons (2015, unknown): ““Germany has pursued a policy of aggressive wage restraint resulting in large current account surpluses,” writes Stockhammer (2011), and “German gains in competitiveness (since the introduction of the Euro) have not been founded on superior technological performance, but on more effective wage…”
- Economic causes of the Eurozone crisis: the analytical contribution of Comparative Capitalism (2016, background): “Although the CC argument about the importance of wage bargaining systems leads to similarly sceptical conclusions regarding the smooth functioning of the Eurozone as the macroeconomic argument about OCAs, there is a fundamental difference in terms of policy prescriptions: whereas OCA assumes that cu”
- Comparative Institutional Advantage in the European Sovereign Debt Crisis (2014, background): “10 (Stockhammer, 2011; Holinski et al., 2012).”