De Walque, Gregory; Pierrard, Olivier; Sneessens, Henri R. - 2009
) the lower the effective workers’ bargaining power for wages and (iii) the more important the hourly wage in the marginal …
monetary policy and ii) clarifying the relationship between wages, labour costs and prices both at the firm
and macro … employment volatility, (ii) the lower the effective workers’ bargaining power
for wages and (iii) the more important the hourly …