Galuscak, Kamil; Keeney, Mary; Nicolitsas, Daphne; … - In: Labour Economics 19 (2012) 5, pp. 802-812
This paper reports findings on the relative importance of internal versus external factors in the setting of wages of newly hired workers. The evidence, from a rich firm-level survey on wage and price-setting procedures in 15 European Union countries, suggests that external labour market...