Pierluigi, Beatrice (contributor); Roma, Moreno (contributor) - 2008
, notwithstanding the fact that elasticities of employment to labour costs vary across the countries and sectors analysed. It also shows … capture possible effects of globalisation via a
competitiveness term (terms of trade and real effective exchange rate)
3 …
competitiveness term (terms of trade and real effective exchange rate)
3
.
Finally, institutional/policy variables have been …