This paper compiles and compares recent and past measures introduced to contain the public wage bill in a number of emerging and advanced economies to assess their effectiveness in bringing down expenditure in a sustained way. In the aftermath of the Great Recession a number of countries have approved measures on the wage bill as part of fiscal consolidation efforts. These recent episodes are compared to past cases implemented in advanced economies over the period 1979\u20132009. Findings suggest that public wage bill consolidation episodes pre and post 2009 are similar in many respects. Moreover, typically countries that were able to achieve more sustained reductions in the wage bill have implemented to larger extent structural measures, a...
This book presents a selection of contributions on the timely topic of structural reforms in Western...
The public sector has grown substantially in the last fifty years. In the euro area, for example, to...
Structural reforms in times of crisis The crisis has raised new policy challenges, but it has also m...
This paper analyzes the relation between public wage bills and public deficits in the OECD countries...
In this article, we present information from a unique database of labour market reforms implemented ...
This paper examines the rising divergence in sectoral wage moderation within EMU member states since...
We study the evolution of the public debt to GDP ratio during 40 fiscal consolidation episodes in 21...
The paper examines consolidation episodes in the EU since 1970 with a view to shedding light on the ...
Responding to a high fiscal deficit, the Serbian government introduced a set of fiscal consolidat...
This paper brings new insights into the extent to which the recent experience of countries in the pe...
The paper distinguishes between the impact of th EMU on nominal wage flexibility and on equilibrium ...
Abstract: In this paper, we show that over the past two decades several countries were able to reduc...
This paper discusses the costs of the crisis with respect to public finance and labour market outcom...
The views expressed in this Working Paper are those of the author(s) and do not necessarily represen...
The public sector has grown substantially in the last fifty years. In the euro area, for example, to...
This book presents a selection of contributions on the timely topic of structural reforms in Western...
The public sector has grown substantially in the last fifty years. In the euro area, for example, to...
Structural reforms in times of crisis The crisis has raised new policy challenges, but it has also m...
This paper analyzes the relation between public wage bills and public deficits in the OECD countries...
In this article, we present information from a unique database of labour market reforms implemented ...
This paper examines the rising divergence in sectoral wage moderation within EMU member states since...
We study the evolution of the public debt to GDP ratio during 40 fiscal consolidation episodes in 21...
The paper examines consolidation episodes in the EU since 1970 with a view to shedding light on the ...
Responding to a high fiscal deficit, the Serbian government introduced a set of fiscal consolidat...
This paper brings new insights into the extent to which the recent experience of countries in the pe...
The paper distinguishes between the impact of th EMU on nominal wage flexibility and on equilibrium ...
Abstract: In this paper, we show that over the past two decades several countries were able to reduc...
This paper discusses the costs of the crisis with respect to public finance and labour market outcom...
The views expressed in this Working Paper are those of the author(s) and do not necessarily represen...
The public sector has grown substantially in the last fifty years. In the euro area, for example, to...
This book presents a selection of contributions on the timely topic of structural reforms in Western...
The public sector has grown substantially in the last fifty years. In the euro area, for example, to...
Structural reforms in times of crisis The crisis has raised new policy challenges, but it has also m...