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dc.contributor.authorBertola, Giuseppeen_US
dc.contributor.authorDabuĊĦinskas, Aurelijusen_US
dc.contributor.authorHoeberichts, Marcoen_US
dc.contributor.authorIzquierdo, Marioen_US
dc.contributor.authorKwapil, Claudiaen_US
dc.date.accessioned2010-03-26T15:50:59Z-
dc.date.available2010-03-26T15:50:59Z-
dc.date.issued2010en_US
dc.identifier.isbn978-3-86558-597-4en_US
dc.identifier.urihttp://hdl.handle.net/10419/30180-
dc.description.abstractThis paper analyses information from survey data collected in the framework of the Eurosystem's Wage Dynamics Network (WDN) on patterns of firm-level adjustment to shocks. We document that the relative intensity and the character of price vs. cost and wage vs. employment adjustments in response to cost-push shocks depend - in theoretically sensible ways - on the intensity of competition in firms' product markets, on the importance of collective wage bargaining and on other structural and institutional features of firms and of their environment. Focusing on the passthrough of cost shocks to prices, our results suggest that the pass-through is lower in highly competitive firms. Furthermore, a high degree of employment protection and collective wage agreements tend to make this pass-through stronger.en_US
dc.language.isoengen_US
dc.publisherDt. Bundesbank Frankfurt, M.en_US
dc.relation.ispartofseriesDiscussion Paper Series 1: Economic Studies 2010,02en_US
dc.subject.jelJ31en_US
dc.subject.jelJ38en_US
dc.subject.jelP50en_US
dc.subject.ddc330en_US
dc.subject.keywordWage bargainingen_US
dc.subject.keywordlabour-market institutionsen_US
dc.subject.keywordsurvey dataen_US
dc.subject.keywordEuropean Unionen_US
dc.subject.stwPreisen_US
dc.subject.stwKostenen_US
dc.subject.stwSchocken_US
dc.subject.stwArbeitskostenen_US
dc.subject.stwBetriebliche Preispolitiken_US
dc.subject.stwWettbewerben_US
dc.subject.stwTarifpolitiken_US
dc.subject.stwArbeitsmarktflexibilisierungen_US
dc.subject.stwArbeitnehmerschutzen_US
dc.subject.stwEU-Staatenen_US
dc.titlePrice, wage and employment response to shocks: evidence from the WDN surveyen_US
dc.typeWorking Paperen_US
dc.identifier.ppn621114235en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:bubdp1:201002-
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