This paper introduces innovative, newly developed forward-looking indicators of negotiated wage growth in the euro area … and Greece. The paper demonstrates how agreement-level data can be used to study drivers of aggregate negotiated wage … growth, as well as monitor the breadth of wage increases and account for time-varying factors such as one-off payments, when …

labour market frictions and wage rigidity. The model complements the existing analytical tools of the Bank of Finland by …

This Paper provides an overview of the magnitude of sectoral wage differentials in the euro area as a whole. Even when … adjusting for structural sectoral features such as the skill structure or the proportion of part-timers, average wage levels in … services are substantially lower than in manufacturing. The paper also studies how the euro area wage structure compares with …

Despite notable improvements in the labour market since 2013, wage growth in the euro area was subdued and … substantially overpredicted in 2013-17. This paper summarises the findings of an ESCB expert group on the reasons for low wage … growth and provides comparable analyses on wage developments in the euro area as a whole and in individual EU countries. The …