Real Unit Labor Costs Differentials in EMU : How Big, How Benign and How Reversible?

How Big, How Benign and How Reversible?

Real Unit Labor Costs Differentials in EMU : How Big, How Benign and How Reversible?
Real unit labor costs (RULC) growth differentials between euro area members have persisted since EMU began and even widened out in the run-up to the crisis. This paper focuses on the causes underlying such dispersion. According to our empirical findings, persistent RULC growth differentials can be attributed to divergent evolutions in... READ MORE...

Publication date: May 2011
ISBN 9781455261383
$18.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

Paperback

Publication date: May 2011

PDF

Publication date: May 2011

ePub

Publication date: May 2011

Mobi

Publication date: May 2011

English