Using a large and unexpected public wage increase in Hungary which changed the public wage premium in 2002 from -17 to … wage effects and a corresponding elasticity of 0.96. The spillover affected primarily the wages of males, young workers and … the highly educated. The analysis also finds that employers raised the wages of incumbent, rather than, newly hired …

Europe” at the turn of the century, it is now considered, depending on the point of view, either an “economic superstar” or a … equilibrium in which public wages can only be set as a lowest common denominator taking into consideration the poorer employers …

bargaining, public sector pay issues and pathways to fiscal consolidation in Europe that would be more effective in economic …