Showing 1 - 9 of 9
Persistent link: https://www.econbiz.de/10003633757
Inflation differentials in the Euro area are mainly due to a sustained divergence of wage developments across the Euro area, and narrower differences in labour productivity growth (Alvarez et al., 2006). We investigate convergence of inflation using unit labour cost (ULC) growth and applying...
Persistent link: https://www.econbiz.de/10003426313
Persistent link: https://www.econbiz.de/10011485529
We investigate convergence in European price level, unit labor cost, income, and productivity data over the period of 1960-2006 using the non-linear time-varying coefficients factor model proposed by Phillips and Sul (2007). This approach is extremely flexible on order to model a large number of...
Persistent link: https://www.econbiz.de/10010426359
Inflation differentials in the Euro area are mainly due to a sustained divergence of wage developments across the Euro area, and narrower differences in labour productivity growth (Alvarez et al., 2006). We investigate convergence of inflation using unit labour cost (ULC) growth and applying...
Persistent link: https://www.econbiz.de/10010426362
Persistent link: https://www.econbiz.de/10003241034
Persistent link: https://www.econbiz.de/10002128046
Persistent link: https://www.econbiz.de/10002537476
Persistent link: https://www.econbiz.de/10001959960