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....

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Goretti, Manuela
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2008.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2008/243
Online Zugang:Full text available on IMF