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Cyclicality of Real Wages in the Euro Area and OECD Countries

In: Labour Market Adjustments in Europe

Author

Listed:
  • Julián Messina
  • Chiara Strozzi
  • Jarkko Turunen

Abstract

The group of contributors in this book come from academia and international organizations in Europe and the USA. They focus on trade unions, which affect real-wage flexibility and the provision of training to workers. They also concentrate on employment protection legislation, which discourages firms from firing old workers and also from hiring new ones. The structure of housing market imperfections that can greatly affect regional mobility is also discussed.

Suggested Citation

  • Julián Messina & Chiara Strozzi & Jarkko Turunen, 2006. "Cyclicality of Real Wages in the Euro Area and OECD Countries," Chapters, in: Julián Messina & Claudio Michelacci & Jarkko Turunen & Gylfi Zoega (ed.), Labour Market Adjustments in Europe, chapter 2, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:4013_2
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    Keywords

    Economics and Finance;

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