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[null,"1.","Record Nr.",null,"UNINA9910463615103321"]
[null,null,"Autore",null,"Goretti Manuela"]
[null,null,"Titolo",null,"Wage-price setting in new EU member states / / Manuela Goretti ; authorized for distribution by Albert Jaeger"]
[null,null,"Pubbl/distr/stampa",null,"[Washington, District of Columbia] : , : International Monetary Fund, , 2008"]
[{"$nulls":4},"©2008"]
[null,null,"ISBN",null,"1-4623-2148-8"]
[{"$nulls":4},"1-4527-5714-3"]
[{"$nulls":4},"1-4518-7101-5"]
[{"$nulls":4},"1-282-84194-7"]
[{"$nulls":4},"9786612841941"]
[null,null,"Descrizione fisica",null,"1 online resource (26 p.)"]
[null,null,"Collana",null,"IMF Working Papers"]
[{"$nulls":4},"IMF working paper ; ; WP/08/243"]
[null,null,"Disciplina",null,"331.2947"]
[null,null,"Soggetti",null,"Wages - Europe, Eastern - Econometric models"]
[{"$nulls":4},"Prices - Europe, Eastern - Econometric models"]
[{"$nulls":4},"Electronic books."]
[null,null,"Lingua di pubblicazione",null,"Inglese"]
[null,null,"Formato",null,"Materiale a stampa"]
[null,null,null,"Livello bibliografico","Monografia"]
[null,null,null,"Note generali","Description based upon print version of record."]
[null,null,null,"Nota di bibliografia","Includes bibliographical references."]
[null,null,"Nota di contenuto",null,"Contents; I. Background; II. Wage- and Price-Setting Relations; III. Additional Considerations; Figures; 1. NMS: Relationship Between GDP and Private Consumption Deflator, 2000-07; IV. Stylized Facts on NMS; 2. NMS: Real Wages and Labor Productivity, 2001-07; 3. NMS: Nominal Wages and Labor Productivity, 2001-07; 4. NMS: Labor Force Developments, 2001-07; Tables; 1. NMS: Index of Competition Policy, 2001-07; 5. NMS: Unit Labor Costs and Consumer Price Inflation, 2001-07; V. Empirical Wage- and Price-Setting Equations; VI. Econometric Results; 2. EU-27: Long-Run Wage Equation Estimation"]
[{"$nulls":4},"3. EU-27: Wage Error Correction Model Estimation4. EU-27: Long-Run Price Equation Estimation; 5. EU-27: Price Error Correction Model Estimation; VII. Wage-Setting Variation Across NMS: Public Sector and Institutional Characteristics; 6. How Far Are Real Wages in NMS away from Equilibrium?; 7. NMS: Nominal Wage and Employment Growth in the Public Sector; 8. NMS: Excess Demand of Skilled Workers, 2004-06; 9. NMS: Union Density and Collective Bargaining; 6. NMS: Labor Flexibility, 2008; 10. NMS: Selected Labor Market Indicators, 2004-06; "]
[{"$nulls":4},"VIII. Conclusions; References"]
[null,null,null,"Sommario/riassunto","This paper analyzes wage- and price-setting relations in new EU member countries. Panel estimates indicate a strong and significant relationship between real wages and labor productivity, as well as evidence of wage pass-through to inflation. Terms of trade shocks do not feed through to real wages. Country-specific wage developments, beyond differences in labor productivity growth, are mostly explained by real wage catch-up from different initial levels and different labor market conditions. Qualitative evidence also suggests that public sector wage demonstration effects and institutional fact"]