Excessive fiscal spending is commonly cited as a root of the current European debt
crisis. This paper suggests, like others, that the rise of competitiveness imbalances contributing
to national imbalances in total borrowing are a better explanation for systemic differences
towards EMU countries’ exposure to market speculation. We identify one...
Public sector unions push for unmerited wage increases, exacerbating inflation and deficits. Despite this conventional wisdom, governments in several European countries successfully limited public sector wage growth during the 1980s and 1990s. It is argued in this paper that the recent rise in public sector wage inflation in the Euro-zone...
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reviewers for
comments and feedback. I owe BobHancké a particular debt of gratitude for his
consistent
Across Western Europe, unions have increasingly engaged in staging general strikes against governments since 1980. This increase in general strikes is puzzling as it has occurred at the same time as economic strikes have been on the decline. We posit that theories developed to explain economic strikes hold little explanatory...
Research suggests that electoral pressures may provide an explanation for why governments offer pacts to unions and employers rather than acting through legislation when faced with the need to pass potentially unpopular reforms to welfare policies, wages, and labour markets. Here, we analyse whether governments’ pursuit of pacts affects their...
Background: While males generally outperform females in athletic tasks, the underlying mechanisms for this difference remain unclear. Explosive neuromuscular performance of the triple extensors, often investigated via rate of torque development (RTD), is crucial for athletic tasks such as a vertical jump. Purpose: To assess sex differences in rapid torque...