Real Unit Labor Costs Differentials in EMU+L4700 : How Big, How Benign and How Reversible? /

Real unit labor costs (RULC) growth differentials between euro area members have persisted since EMU began and even widened out in the run-up to the crisis. This paper focuses on the causes underlying such dispersion. According to our empirical findings, persistent RULC growth differentials can be a...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Lebrun, Igor
अन्य लेखक: Perez Ruiz, Esther
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2011.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2011/109
ऑनलाइन पहुंच:Full text available on IMF