Financiarización, empleo y salario en la UE: el impacto de las nuevas estrategias empresariales
AbstractThe aim of this paper is to analyze how the process of financialization experienced by the EU economies since 1980, has changed the strategies of large non-financial corporations, thereby altering the pattern of wage growth and job creation. To this end, we analyze the link between financialization and the changes occurred in the distribution of profits, investment decisions, corporate restructuring and new forms of remuneration related to employee shareholding participation. This change in business strategies has resulted –directly or indirectly– in slower rates of job creation, erosion of bargaining power of employees and greater wage restraint.
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Bibliographic InfoPaper provided by Universidad Complutense de Madrid, Instituto Complutense de Estudios Internacionales in its series Working Papers del Instituto Complutense de Estudios Internacionales with number 04-10.
Length: 31 pages ISBN Number: 978-84-693-1511-8
Date of creation: 2010
Date of revision:
Postal: Instituto Complutense de Estudios Internacionales. Finca Mas Ferre Campus de Somosaguas 28223 Madrid
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-05-15 (All new papers)
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