Wages in the Crisis

Rory O'Farrell10/07/2010

Rory O'Farrell: The European Trade Union Institute has brought out a working paper on the impact of the crisis on wages in Europe (this is perhaps shameless self promotion as I wrote the paper).

It can be downloaded for free from here.

Though a lot of the data for Ireland is not available, the last section on international competitiveness is relevant to Ireland. Relative to Germany we did not lose wage competitiveness in the export driven manufacturing sector, and the role of non-wage costs to business is highlighted.

Posted in: EconomicsFiscal policyFiscal policy

Tagged with: subsidies on wagesinternational competitivenesscrisis

Dr Rory O'Farrell     @r_o_farrell

O'Farrell, Rory

Rory O’Farrell is an economist at the Dept of Economics, OECD, with extensive post-PhD international work experience. His research has been in the area of public policy, labour economics, fiscal policy and monetary policy. He has experience with macroeconomic modelling, calibrating Mortensen-Pissarides matching models and forecasting.





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