Boranova, Vizhdan; Huidrom, Raju; Nowak, Sylwia; … - 2019
Wages have been rising faster than productivity in many European countries for the past few years, yet signs of … wage growth and inflation in Europe and factors that influence the strength of the passthrough from labor costs to prices …. Historically, wage growth has led to higher inflation, but the impact has weakened since 2009. Empirical analysis suggests that the …