Shocks and labour cost adjustment: evidence from a survey of European firms
"We use firm-level survey data from 25 EU countries to analyse how firms adjust their labour costs (employment, wages and hours) in response to shocks. We develop a theoretical model to understand how firms choose between different ways to adjust their labour costs. The basic intuition is that...
| Main Authors: | , , , , |
|---|---|
| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Frankfurt am Main
2019
ECB |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19307735124911259179-Shocks-and-labour-cost-adjustm.htm |
