Monthly Report No. 2/2017

Philipp Heimberger, Mario Holzner, Stefan Jestl, David Kiefer, Leon Podkaminer and Codrina Rada

No 2017-02, wiiw Monthly Reports from The Vienna Institute for International Economic Studies, wiiw

Abstract: Graph of the month Adjusted wage share in EU-CEE countries in 1995-2016, as % of GDP (p. 1) Opinion corner Is the falling wage share in most EU-CEE countries a symptom of the ‘race to the bottom’? (by Leon Podkaminer; pp. 2-3) Globalisation and the ‘race to the bottom’ intended and unintended consequences (by Codrina Rada and David Kiefer; pp. 4-7) Reducing unemployment in the euro area What is the appropriate fiscal policy stance? (by Philipp Heimberger; pp. 8-15) The economic role of railway networks – a historical perspective (by Stefan Jestl and Mario Holzner; pp. 16-19) Recommended reading (p. 20) Statistical Annex Monthly and quarterly statistics for Central, East and Southeast Europe (pp. 21-42)

Keywords: wage share; globalisation; inequality; fiscal policy; unemployment; euro area; railway networks (search for similar items in EconPapers)
Pages: 44 pages including 29 Figures
Date: 2017-02
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