Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/30180 
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dc.contributor.authorBertola, Giuseppeen
dc.contributor.authorDabušinskas, Aurelijusen
dc.contributor.authorHoeberichts, Marcoen
dc.contributor.authorIzquierdo, Marioen
dc.contributor.authorKwapil, Claudiaen
dc.date.accessioned2010-03-26T15:50:59Z-
dc.date.available2010-03-26T15:50:59Z-
dc.date.issued2010-
dc.identifier.isbn978-3-86558-597-4en
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
dc.language.isoengen
dc.publisher|aDeutsche Bundesbank |cFrankfurt a. M.en
dc.relation.ispartofseries|aDiscussion Paper Series 1 |x2010,02en
dc.subject.jelJ31en
dc.subject.jelJ38en
dc.subject.jelP50en
dc.subject.ddc330en
dc.subject.keywordWage bargainingen
dc.subject.keywordlabour-market institutionsen
dc.subject.keywordsurvey dataen
dc.subject.keywordEuropean Unionen
dc.subject.stwPreisen
dc.subject.stwKostenen
dc.subject.stwSchocken
dc.subject.stwArbeitskostenen
dc.subject.stwBetriebliche Preispolitiken
dc.subject.stwWettbewerben
dc.subject.stwTarifpolitiken
dc.subject.stwArbeitsmarktflexibilisierungen
dc.subject.stwArbeitnehmerschutzen
dc.subject.stwEU-Staatenen
dc.titlePrice, wage and employment response to shocks: evidence from the WDN survey-
dc.typeWorking Paperen
dc.identifier.ppn621114235en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:bubdp1:201002en

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