Laliotis, Ioannis (2019) Did the economic adjustment programmes deliver wage flexibility in Greece? GreeSE Papers (141). London School of Economics and Political Science, London, UK.
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Abstract
After a period of sequential economic adjustment programmes, recent data show that wages remain irresponsive to local labour market conditions in Greece. Although there is evidence of a weak crosssectional wage curve, it disappears when individual fixed effects are introduced. Despite the extensive labour market reforms, more emphasis to the decentralisation of the wage setting process is needed.
| Item Type: | Monograph (Discussion Paper) |
|---|---|
| Official URL: | http://www.lse.ac.uk/Hellenic-Observatory/Publicat... |
| Additional Information: | © 2019 The Author |
| Divisions: | Hellenic Observatory |
| Subjects: | H Social Sciences > HG Finance J Political Science > JN Political institutions (Europe) |
| Date Deposited: | 27 Nov 2019 12:27 |
| Last Modified: | 11 Dec 2024 19:32 |
| URI: | http://eprints.lse.ac.uk/id/eprint/102653 |
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