Wage-Price Setting in New EU Member States /
This paper analyzes wage- and price-setting relations in new EU member countries. Panel estimates indicate a strong and significant relationship between real wages and labor productivity, as well as evidence of wage pass-through to inflation. Terms of trade shocks do not feed through to real wages....
Glavni autor: | |
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Format: | Žurnal |
Jezik: | English |
Izdano: |
Washington, D.C. :
International Monetary Fund,
2008.
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Serija: | IMF Working Papers; Working Paper ;
No. 2008/243 |
Online pristup: | Full text available on IMF |