Wage flexibility or wage coordination? Economic policy implications of the wage-led demand regime in the euro area

"Wage shares have fallen substantially in Europe since the early 1980s. To some extent this is due to a macroeconomic policy package that encourages wage flexibility and wage competition. A system of wage coordination in the Euro area would facility a return to a productivity-oriented wage poli...

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Bibliographic Details
Main Author: Stockhammer, Engelbert
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Amherst 2008
University of Massachusetts
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19189499124919076719-Wage-flexibility-or-wage-coord.htm

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