Druant, Martine; Fabiani, Silvia; Kézdi, Gábor; Lamo, Ana - 2009
This paper presents new evidence on the patterns of price and wage adjustment in European firms and on the extent of … labour market institutional setting, are more relevant in characterising the pattern of wage adjustment. The latter exhibits … also a substantial degree of time-dependence, as firms tend to concentrate wage changes in a specific month, mostly January …