Matthes, Jürgen - In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 95 (2015) 2, pp. 106-113
Substantial structural reforms have been taken on labour and product markets by stressed euro area countries since 2008 … structural reforms have reduced the heterogeneity between euro area countries in terms of market rigidities. Moreover, wage and … be detected that wage flexibility has already increased in southern euro area countries. …
