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- W2022978098 abstract "The empirical work analyses eleven macro-series from 1948 to 1975 for seventeen OECD countries, including three series for conflicts (strikes and lock-outs). It is demonstrated that the series for the plain number of conflicts are always the best in macro modelling. Hence conflicts matter less as such than as an indicator of the labour market climate. Three links between conflicts and the economy are examined: (i) Wage inflation is found the main factor generating conflicts. (ii) No production loss due to conflicts appears in our annual macro series. (iii) The main thrust is the examination of the fairly successful role conflicts can play as a push proxy in cost push models. Finally the strong international elements in both wage inflation and conflicts are discussed." @default.
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- W2022978098 date "1983-01-01" @default.
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- W2022978098 title "Industrial conflicts and economic conditions: A comparative empirical investigation" @default.
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