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....

Full beskrivning

Bibliografiska uppgifter
Huvudupphovsman: Goretti, Manuela
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2008.
Serie:IMF Working Papers; Working Paper ; No. 2008/243
Länkar:Full text available on IMF