Showing 1 - 3 of 3
This paper investigates whether output and inflation respond asymmetrically to credit shocks in the euro area. The methodology, based on a non-linear VAR system, follows work by Balke (2000) for the US. The results reveal evidence of threshold effects related to credit conditions in the economy....
Persistent link: https://www.econbiz.de/10003014229
This paper studies the recent trends in nominal wage rigidity in a large group of EU countries, using survey data. We …
Persistent link: https://www.econbiz.de/10011864159
We use firm-level survey data from 25 EU countries to analyse how firms adjust their labour costs (employment, wages …
Persistent link: https://www.econbiz.de/10011997513