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Wage-setting strategies for the Eurozone

"Since the global financial and economic crisis the question has arisen how the four Southern European countries could stimulate economic growth. One possible instrument is a policy of wage restraint in order to improve price competitiveness. Using simulation calculations for varying wage-setti...

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Bibliographic Details
Main Authors: Budras, Robert, Limbers, Jan, Sachs, Andreas, Weiss, Johann
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Gütersloh 2016
Bertelsmann Stiftung
Subjects:
labour cost
wage determination
wage policy
EU countries
Online Access:https://www.labourline.org/KENTIKA-19106586124919247689-Wage-setting-strategies-for-th.htm
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Summary:"Since the global financial and economic crisis the question has arisen how the four Southern European countries could stimulate economic growth. One possible instrument is a policy of wage restraint in order to improve price competitiveness. Using simulation calculations for varying wage-setting strategies in Europe till 2030, this study discusses advantages and disadvantages of different wage-setting scenarios."
Physical Description:31 p.
Digital

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