15/07/2003

Wage formation and European integration

ECFIN/295/03-EN


European Economy. Economic Papers - n. 188/July 2003 ISSN 1725-3187

This paper reviews how product market integration may strengthen labour market interdependencies between integrating economies and therefore affect both the level of employment and the flexibility by which wages adjust to shocks. 

author(s): European Commission - DG for Economics and Financial Affairs, T. M. Andersen
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