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19 p, 562.5 KB Real unit labour costs in Eurozone countries : drivers and clusters / Ordóñez, Javier 1947- (Universitat Jaume I. Departament d'Economia) ; Sala Lorda, Hèctor (Universitat Autònoma de Barcelona. Departament d'Economia Aplicada) ; Silva Becerra, José Ignacio (Universitat de Girona. Departament d'Economia)
We examine the trajectories of the real unit labour costs (RULCs) in a selection of Eurozone economies. Strong asymmetries in the convergence process of the RULCs and its components-real wages, capital intensity, and technology-are uncovered through decomposition and cluster analyses. [...]
2015 - 10.1186/s40174-015-0036-z
IZA journal of European labor studies, Vol. 4, Núm. 15 (2015)  
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