Do unit labor costs matter? A decomposition exercise on European data

"From the introduction of the Euro up to the 2008 global financial crisis, macroeconomic imbalances widened among Member States. This divergence took the form of strong differences in the dynamics of unit labour costs. This paper asks why this happened. Is it the result of distortionary public...

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Bibliographic Details
Main Author: Piton, Sophie
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Paris 2018
CEPII
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19302982124911201649-Do-unit-labor-costs-matter?-a-.htm

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