Bertelsmann Stiftung (ed.)

Wage-setting strategies for the Eurozone

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Format Type: PDF
Date of publication: 26/01/2016
Edition: 1. edition

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Since the global financial and economic crisis the question has arisen how the four Southern European countries could stimulate economic growth. One possible instrument is a policy of wage restraint in order to improve price competitiveness. Using simulation calculations for varying wage-setting strategies in Europe till 2030, this study discusses advantages and disadvantages of different wage-setting scenarios.

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