Mora, Toni; Lopez-Tamayo, Jordi; Surinach, Jordi - In: Applied Economics 37 (2005) 17, pp. 2001-2008
A convergence analysis is applied to wages and productivity for Euro-area countries in the period from 1981 to 2001. The results show a reduction in the dispersion of wages and unit labour costs, but not in productivity. Different patterns are found for real and nominal wages: higher levels of...