Gern, Klaus-Jürgen; Kamps, Christophe; Scheide, Joachim - 2002
The economy in the euro area has turned around. While GDP stagnated during the second half of 2001, there are more and … interest rates in the euro area have remained unchanged since early November 2001. Real short-term interest rates are well …, wages in the euro area increased somewhat faster than in the previous years largely reflecting the improvement of the labor …
