Real unit labor costs differentials in EMU: how big, how benign and how reversible?
"Real unit labor costs (RULC) growth differentials between euro area members have persisted since EMU began and even widened out in the run-up to the crisis. This paper focuses on the causes underlying such dispersion. According to our empirical findings, persistent RULC growth differentials ca...
| Main Authors: | , |
|---|---|
| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Washington, DC
2011
IMF |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19177627124919958099-Real-unit-labor-costs-differen.htm |
