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Two tales of wage adjustment

Christopoulou, Rebekka and Monastiriotis, Vassilis (2014) Two tales of wage adjustment. LSE Greece@LSE (29 Apr 2014). Website.

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It is well known that in the last five years Greek wages have collapsed both in the public and in the private sector. What is perhaps less known, owing in part to the attention of much of the policy debate on the cuts in the public sector, is that the wage adjustment in the two sectors has been equally deep. In fact, the private sector experienced if anything more radical changes in its pay-structure, with elements of increasing commodification, while the public sector continues to offer advantageous wages to privileged groups, despite the policy focus on the “rationalization” of pay in the sector.

Item Type: Online resource (Website)
Official URL:
Additional Information: © 2014 The Author(s)
Divisions: European Institute
Spatial Economics Research Centre
Hellenic Observatory
LSEE - Research on South Eastern Europe
Subjects: H Social Sciences > HB Economic Theory
J Political Science > JC Political theory
J Political Science > JN Political institutions (Europe)
Date Deposited: 31 May 2017 12:59
Last Modified: 26 Aug 2021 23:24

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