The impact of credit shocks on the European labour market

The sovereign debt crisis led to financial difficulties for European firms and a decline in the use of labour input. We use qualitative firm-level data for 24 European countries, collected within the third wave of the Wage Dynamics Network (WDN3) of the ESCB, to propose a cross-country analysis of t...

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Veröffentlicht in:	Baltic journal of economics 2021, Vol.21 (1), p.1-25
Hauptverfasser:	Bodnár, Katalin, Fadejeva, Ludmila, Hoeberichts, Marco, Peinado, Mario Izquierdo, Jadeau, Christophe, Viviano, Eliana
Format:	Artikel
Sprache:	eng
Schlagworte:	Bond markets Credit Credit difficulties Financial Markets intensive margin Labor market Labor relations labour input adjustment Regional Geography Sovereign debt survey data wage adjustment
Online-Zugang:	Volltext
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