Tarifpartnerschaft — ein altes,aber gefährdetes Bündnis?

100 years ago, in November 1918, the Stinnes Legien Agreement was drawn up between various employers’ associations and trade unions. It included collective bargaining autonomy and collective agreements, the eight-hour work day and work councils. It soon failed, but served as a model for the legal regulation of collective bargaining relations after the Second World War. In the meantime, however, collective bargaining has declined significantly. Many employers are members of their associations without a collective agreement. At the same time, union memberships are declining. In view of increasingly precarious forms of employment, the government apparently needs to implement stronger regulations on collective bargaining relations again, such as the Minimum Wage Act. Finally, a look back: In 1918, editorial member Alfred Schmidt-Essen commented on the agreement from a current perspective. We document the article.     

How ongoing structural change creates a double dividend: outdating of technologies and green growth

Portuguese Economic Journal - In this paper we study how the ongoing transition to newer technologies, what we refer to as dynamic structural change, in a doubly-differentiated R&D-based...     

The Mundellian Trilemma and Optimal Monetary Policy in a World of High Capital Mobility

Open Economies Review - This paper proposes that the Mundellian Trilemma remains valid despite the emergence of a world financial cycle. A clear distinction must be made between monetary policy...     

The Economics of the Greenium: How Much is the World Willing to Pay to Save the Earth?

Environmental and Resource Economics - Sadly, not much. This paper provides a theoretical and empirical analysis of the greenium, the price premium the investor pays for green bonds over...     

Who will guard over the guardians?

Human rights have been weaponized and transformed into geopolitical tools to target certain states and not others. The rhetoric of human rights has been distorted by politicians, media, think tanks and the emerging “human rights industry” that serves hegemonic powers and not humanity. This constitutes an affront against human dignity.