Wage formation and European integration

Torben M. Andersen

No 188, European Economy - Economic Papers 2008 - 2015 from Directorate General Economic and Financial Affairs (DG ECFIN), European Commission

Abstract: European integration is likely to affect labour market performance through various routes. One important channel is the effects product market integration has on labour markets. This paper reviews how product market integration may strengthen labour market interdependencies between integrating economies and therefore affect both the level of employment and the flexibility by which wages adjust to shocks.

Keywords: integration; european integration; labour market performance; product market integration; wage formation; wages; employment; Andersen (search for similar items in EconPapers)
Pages: 24 pages
Date: 2003-07
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Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:euf:ecopap:0188

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