In order to explain the joint fluctuations of output, inflation and the labor market, this paper first develops a general equilibrium model that integrates a theory of equilibrium unemployment into a monetary model with nominal price rigidities. Then, it estimates a set of structural parameters...

This paper documents the existence and main patterns of inter-industry wage differentials across a large number of industries for 8 EU countries (Belgium, Germany, Greece, Hungary, Ireland, Italy, Netherlands, and Spain) at two points in time (in general 1995 and 2002) and explores possible...

This paper uses information from a rich firm-level survey on wage and price-setting procedures, in around 15,000 firms in 15 European Union countries, to investigate the relative importance of internal versus external factors in the setting of wages of newly hired workers. The evidence suggests...

This paper investigates inter-industry wage differentials in Belgium, taking advantage of access to a unique matched employer-employee data set covering all the years from 1999 to 2005. Findings show the existence of large wage differentials among workers with the same observed characteristics...

E.ON is one of the largest investor-owned energy providers in the world. The company delivers energy to millions of customers and, together with EDF, is the biggest energy supplier in Europe. Employing more than 80,000 people, E.ON also has the duty to establish favourable working conditions for...

The preliminary results of the second Quality of Work in Italy Survey, carried out in 2006 by the National Training Agency, show that working conditions have tended to decline since the 2002 survey, although overall job satisfaction is still high. Italian workers seem to be less satisfied with...