importance of wage bargaining above the firm level, the automatic system of index-linking wages to past inflation, the limited …

how wages adjust to unfavorable product demand shocks that raise the risk of displacement through firm closing, and to … Portugal, the estimation results suggest that, under the existence of noncompetitive rents, the fear of job loss leads workers … to adverse shocks due to their inability to adjust wages downward. Indeed, minimum wage restrictions were seen to …

This paper investigates the relationship between public and private wages in the five largest euro area countries for … the period 1997-2017. The analysis shows that there exists a positive and significant response of private wages to a …, Spain, Italy and non-significant in Germany and the Netherlands). Interestingly, the response of private wages is found to …

This paper looks at public and private sector wages interactions since the 1960s in the euro area, euro area countries … public and private sector wages over the business cycle; this finding is robust across methods and measures of wages and … quite general across countries. Second, we show evidence of long-run relationships between public and private sector wages …

how wages adjust to unfavorable product demand shocks that raise the risk of displacement through firm closing, and to … Portugal, the estimation results suggest that, under the existence of noncompetitive rents, the fear of job loss leads workers … to adverse shocks due to their inability to adjust wages downward. Indeed, minimum wage restrictions were seen to …