One of the most visible characteristics of the recent economic recovery is the moderation of wage growth in a good number of advanced economies. This article analyses quantitatively the contribution of several factors to changes in the wage growth rate in Spain and in the euro area during the...

Understanding EMU : the role of labour market institutions -- The other road to Maastricht : currency blocs, wage moderation, and social conflict -- The perils of coordination : wages and labour relations from the European Monetary System to EMU -- Diversity without unity : labour unions and...

Incomplete monetary union and Europe's current crisis -- From order to disorder : how monetary union changed national labor markets -- Monetary regimes, sectoral wage relations and the current account crisis in the EMU south : empirical evidence -- National central banks promoting inflation...