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Wage dynamics across euro area countries since the start of the pandemic

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Article

Bodnar, Katalin ; Le Roux, Julien

ECB Economic Bulletin

2022

8

epidemic disease ; wages ; wage structure

EU countries

Wages and wage payment systems

https://www.ecb.europa.eu/pub/economic-bulletin/articles/2023/html/ecb.ebart202208_02~2328747465.en.html

English

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"This box examines cross-country developments in compensation per employee since the start of the coronavirus (COVID-19) pandemic. The pandemic has strongly affected wage developments across euro area countries, reflecting standard cyclical and structural determinants as well as novel factors, such as differences in the size and impact of the shock or the specificities of national job retention schemes."

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