Bertelsmann Stiftung (ed.)

Wage-setting strategies for the Eurozone

  • 1. edition 2016 (PDF)
  • Free of charge

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.