signal directions for market adjustments to ensure growth. Wage growth is driven by relative scarcity, labor productivity and …. Wage growth has been low in most developed economies because of underutilized labor if properly measured. Germany seems to … wage setting and labor market reforms. …

During the last decade, unemployment in Greece climbed up to 28%, almost quadrupling due to the economic crisis that … hit Greece. In the present paper, we examine the determinants of the unemployment dynamics and the impact of the minimum … wage on the probability of making a transition into and out of unemployment. We use micro-level data from the Greek Labour …