Arent, Stefan; Nagl, Wolfgang; Ragnitz, Joachim - 2011
sector, the real wages were also examined.. Finally the risk of being laid off in both the public and private sectors was … analyzed. This is important for the correct evaluation of wages in different sectors of an economy. The results show a slow … convergence of the union negotiated wages in the private sector does not result in a convergence of the average wage levels. We …