In practice this does not work perfectly as there is no true wage flexibility.

However, there is no reason to suppose that regions within countries will experience increased wage flexibility either in the short or long term.

There is more labor mobility and wage flexibility in the United States.

Other positive effects of the schemes are on wage flexibility, employment and employee involvement.

Openness with capital mobility and price and wage flexibility across the region.

Labour market evolution: The economic history of market integration, wage flexibility, and the employment relation.

The analysis implies that the claim that wage flexibility is efficient requires qualification.

Financial or wage flexibility is in which wage levels are not decided collectively and there are more differences between the wages of workers.

The region as a whole enjoys a high degree of factor mobility, diversified composition of output, price and wage flexibility.

The Commission agrees with Parliament that the impact of financial participation schemes on employment, productivity and wage flexibility should be further studied.

The Paradox of flexibility is when a debt deflation shock creates a situation where increased price and wage flexibility results in decreased total demand.

In the literature on macroeconomic policy and labour markets, one finds considerable debate over degree of employment mobility and wage flexibility at the enterprise level.

Other possibilities for resolving country- and region-specific crises and the unemployment to which they lead could well be labour mobility and wage flexibility.

Wage Flexibility and Unemployment Dynamics in Regional Labor Markets.

Judgements of this kind, however, require a deeper understanding of differences in the use of manpower as well as in wage flexibility and labour mobility.

A larger wage range, more wage flexibility, less generous benefits make very little difference to employment levels, Mrs Carlsson, and certainly make no difference to unemployment.

I would also like to ask a question which has already been asked several times here: what does the Commission mean by wage flexibility being a good way of remedying the employment problem?

But in Europe, with its different language regions, the mobility of labour will always be limited, and there are clear limits to what is acceptable in Europe as regards wage flexibility.

It is argued by the Commission that wage flexibility in response to employment conditions may increase with monetary union and that there is already evidence of this for those economies participating in the ERM.

Whether the native population can expect gains or losses from immigration depends, among other things, on the size and the structure of the immigration flow and the labour market institutions in the receiving countries (i.e. wage flexibility).

Living within the straitjacket of economic sovereignty foregone, Europe must part with its cherished statist and corporatist traditions, unleashing the market and allowing wage flexibility and geographic mobility to carry the brunt of adjustment.

The report as a whole is sound. We do not, however, agree with certain of the points, to the effect that there must be greater wage flexibility and that it would be good to reduce the overall tax rates in the EU.

As well, a paradox of toil and a paradox of flexibility have been proposed: A willingness to work more in a liquidity trap and wage flexibility after a debt deflation shock may lead not only to lower wages, but lower employment.

To the Editor: The two front-page "Help Unwanted" articles (March 19 and 21) on the European job drought note that joblessness in the United States is at a record low because of a surge in the service industry, wage flexibility and fewer regulations.

The success of monetary union in promoting a more balanced development within the EC rests ultimately upon factors such as the degree of wage flexibility, the mobility of capital in response to differential labour costs, versus the advantages of centralisation and agglom- eration.