We analyse the relative intensity and character of price vs. cost and wage vs. employment firm-level adjustment to cost-push shocks in the European System of Central Banks Wage Dynamics Network (WDN) survey data set. The results document several statistically significant and theoretically...

This paper analyses information from survey data collected in the framework of the Eurosystem’s Wage Dynamics Network (WDN) on patterns of firm-level adjustment to shocks. We document that the relative intensity and the character of price vs. cost and wage vs. employment adjustments in...

Auch wenn die Europäische Zentralbank zu keinem Zeitpunkt eine interessenlose technokratische Behörde war, wird sie spätestens seit der Eurokrise auch von einer gröe︢ren Öffentlichkeit als bedeutender politischer Akteur wahrgenommen. Über die Organisation und Funktionsweise der EZB...

Labour Supply and Incentives to Work in Europe highlights recent developments in the labour supply in Europe and gives a detailed assessment of their link with economic policies and labour market institutions. Despite major changes in European labour supply during the past few decades, the...