The paper reviews the major forces that have shaped the evolution of minimum wages in Greece. It starts by providing the institutional details regarding minimum-wage fixing and coverage, and proceeds to examine the macroeconomic developments which have shaped the evolution of both the level and...

Youth unemployment has become a severe economic and societal problem in many European countries. Based on the existing empirical evidence on different policy options, this chapter draws lessons for future policy making in order to effectively promote youth employment in Europe. In conclusion,...

Over the last ten years, Germany has been the country that has displayed the greatest degree of restraint in collective bargaining. Few other OECD countries have had such a modest increase in unit labour costs and few have lived below their means to the same extent in terms of wage policy. While...