Lawless, Martina (contributor); Whelan, Karl (contributor) - 2007
declining in ation and labour shares in Euro area. In this paper,
we show that with realistic parameters, the canonical Calvo … income in the Euro area over
the past two decades have motivated signi cant interest in how these phenomena might be … Euro area.
In this paper, we investigate the relationship between in ation and the labour share
in Europe. In particular …