Wage dynamics in Europe: some new findings

Ana Lamo and Frank Smets

Research Bulletin, 2010, vol. 10, 2-5

Abstract: The response of wages to the sharp contraction in economic activity during the recent crisis has been very subdued in the euro area. The research summarised in this article uncovers some features of wage setting in Europe that contribute to the aggregate degree of wage rigidity. JEL Classification: E2

Keywords: wage; structure (search for similar items in EconPapers)
Date: 2010-06
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:ecb:ecbrbu:2010:0010:1

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