Ferdinando Giugliano, (2018), “Germany’s Wage Deal Is Good for Europe Too”, 8 February
Rarely has a round of wage negotiations been watched so closely as the recent dispute involving Germany’s IG Metall labor union. The agreement reached in Baden-Wuerttemberg with the Suedwestmetall employer’s federation, including a 4.3 percent raise from April and the right to a 28-hour working week, is a further sign that wage pressures are finally returning to the euro zone. This is essential if the European Central Bank is to hit its inflation target of just below 2 percent.
- Guntram B. Wolff, (2017), «German wages, the Phillips curve and migration in the euro area», Bruegel, 29 November
- Russell Cooper, Moritz Meyer, Immo Schot, (2017), «The employment and output effects of short-time work in Germany», VoxEU, 28 October