Wage formation and European integration

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.

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Year of publication:	2003-07
Authors:	Andersen, Torben M.
Institutions:	Directorate-General Economic and Financial Affairs, European Commission
Subject:	integration \| european integration \| labour market performance \| product market integration \| wage formation \| wages \| employment \| Andersen

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Extent:	application/pdf
Series:	European Economy - Economic Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 188 24 pages
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008577456