An introduction to the special feature section : Price, wage and employment adjustments in 2007-2008 and some inference for the current European crisis
NL : Elsevier B.V.
769 - 771 p.
Price and wage rigidity, Trade deficits, Unemployment
The four papers in this issue are part of a collective effort coordinated by the ECB and European National Central Banks, the Eurosystem's Wage Dynamics Network Survey. They provide new and systematic evidence on wage and price flexibility in Europe and attempt to explain their determinants. © 2012 Elsevier