Wage formation and European integration - Torben M. Andersen
Torben M. Andersen, CEPR, IZA and EPRU
Wage formation and European integration - Torben M. Andersen(286 kB)
European integration is likely to affect labour market performance through various routes. One important channel is the effects product market integration has on labour markets. 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.
(European Economy. Economic Papers. 188. July 2003.
Brussels. 24pp. Tab. Free.)
|ISBN 92-894-5907-7 (online)||