Messina, Julián; Strozzi, Chiara; Turunen, Jarkko - Institut zur Zukunft der Arbeit <Bonn> - 2008
We study differences in the adjustment of aggregate real wages in the manufacturing sectorover the business cycle across OECD countries, combining results from different data anddynamic methods. Summary measures of cyclicality show genuine cross-countryheterogeneity even after controlling for...