Against the backdrop of continuing adjustment in EU labour markets in response to the Great Recession and the sovereign debt crisis, the European System of Central Banks (ESCB) conducted the third wave of the Wage Dynamics Network (WDN) survey in 2014-15 as a follow-up to the two previous WDN...

This paper examines developments in market share, export structure and revealed comparative advantage within the EU and in comparison with other regions of the world. It pays special attention to shifts in specialisation and export structure with regard to manufacturing and services, lower and...