It has been well established that the wages of individual workers react little, especially downwards, to shocks that hit their employer. This paper presents new evidence from a unique survey of firms across Europe on the prevalence of downward wage rigidity in both real and nominal terms. We...

The European Year 2012 was, to a certain extent, a framework for raising awareness of the contribution that older people make to society and mobilising stakeholders and policymakers at all levels to promote active ageing and solidarity between generations.To coordinate its activities during the...