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Inflation differentials in the Euro area are mainly due to a sustained divergence of wage developments across the Euro area, and narrower differences in labour productivity growth (Alvarez et al., 2006). We investigate convergence of inflation using unit labour cost (ULC) growth and applying...
Persistent link: https://www.econbiz.de/10010260899
Due to the complexity of employment protection legislation (EPL) in Germany, there is notable uncertainty about the …
Persistent link: https://www.econbiz.de/10010260929