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Wages in the crisis

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O'Farrell, Rory

European Trade Union Institute, Brussels

ETUI - Brussels

2010

32 p.

competitiveness ; economic recession ; trade union document ; wages

EU countries

Working Paper

2010.03

Wages and wage payment systems

http://www.etui.org

English

Bibliogr.

1994-4446

13.07-57851

"The recent global recession has had differing effects on wages across Europe.This paper presents wage patterns for EU countries since the impact of the financial crisis, and compares them to previous trends. Wages in the countries hardest hit by the recession have underperformed when compared to previous trends. The role of wages in determining international competitiveness is also examined and the importance of the general price level as opposed to wage levels is highlighted."

Paper;Digital



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