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Optimal Central Bank Conservatism and Monopoly Trade Unions

Optimal Central Bank Conservatism and Monopoly Trade Unions »

Volume/Issue: 2002/44

Series: IMF Working Papers

Author(s): Carsten Hefeker , Helge Berger , and Ronnie Schlöb

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2002

DOI: http://dx.doi.org/10.5089/9781451846423.001

ISBN: 9781451846423

Keywords: Central bank, conservative central banker, trade union, inflation, Monetary Policy, Central Banking, and the Supply of Money and Credit: General, Labor-Management Relations, Trade Unions, and Collective Bargaining: General

The "conservative central banker" has come under attack recently. On the basis of models in which there is explicit interaction between trade union behavior and monetary policy, it has been argued that if 'trade un...

Redistribution Through Public Employment
			: The Case of Italy

Redistribution Through Public Employment : The Case of Italy »

Volume/Issue: 1999/177

Series: IMF Working Papers

Author(s): Stephan Danninger , Alberto Alesina , and Massimo Rostagno

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1999

DOI: http://dx.doi.org/10.5089/9781451858853.001

ISBN: 9781451858853

Keywords: Public Employment, Redistribution of Income, Public Policy and Economic Behavior of Agents, employment, unemployment, work experience, job search

This paper examines the regional distribution of public employment in Italy and documents two sets of facts. The first is the use of public employment as a subsidy from the North to the less wealthy South. We calcu...