Orbán, Gábor (contributor); Szalai, Zoltán (contributor) - 2005
price stability is concerned,
present wage-setting institutions do not seem to pose a major problem in Europe.
The … for
inflation. In this way nominal unit labour costs remain unchanged.
2
As price stability is defined as
small but … stability.
12
Figure 5 Use of the scope for distribution* in the euro area, Greece, Spain, Italy and
Portugal (%)
-6
-5
-4 …