Publication
Mar 2011
This policy brief argues that the fixation on indices or growth rates in the current discussion around price competitiveness in the euro area and the policy proposals that emerged from entirely ignoring unit labor cost levels may be misleading.
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English (PDF, 10 pages, 297 KB) |
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Author | Dominik Groll, Björn van Roye |
Series | Kiel Institute Policy Briefs |
Issue | 24 |
Publisher | Kiel Institute for the World Economy |
Copyright | © 2011 The Kiel Institute for the World Economy |