IDEAS home Printed from https://ideas.repec.org/p/lev/levypn/25-5.html

Working Harder, Paying Less: Wage Suppression in Greece

Author

Listed:
  • Vlassis Missos
  • Nikolaos Rodousakis

Abstract

The state of the labor market in Greece exemplifies the socioeconomic damage caused by austerity. More than 15 years into a recession that has proven both deep and enduring, signs of a full recovery remain absent. Declining living standards, an increased tax burden, and the deterioration of public infrastructure and services have all contributed to ongoing economic stagnation and persistent structural vulnerabilities (Missos et al. 2024a).

Suggested Citation

  • Vlassis Missos & Nikolaos Rodousakis, 2025. "Working Harder, Paying Less: Wage Suppression in Greece," Economics Policy Note Archive 25-5, Levy Economics Institute.
    • Handle: RePEc:lev:levypn:25-5
    as

    Download full text from publisher

    File URL: https://www.levyinstitute.org/wp-content/uploads/2025/07/pn_25_5.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Christos Pierros, 2021. "Assessing the internal devaluation policy implemented in Greece in an empirical stock‐flow consistent model," Metroeconomica, Wiley Blackwell, vol. 72(4), pages 905-943, November.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Raza, Hamid & Laurentjoye, Thibault & Byrialsen, Mikael Randrup & Valdecantos, Sebastian, 2023. "Inflation and the role of macroeconomic policies: A model for the case of Denmark," Structural Change and Economic Dynamics, Elsevier, vol. 67(C), pages 32-43.
    2. Hamid Raza & Thibault Laurentjoye & Mikael Randrup Byrialsen & Sebastian Valdecantos, 2023. "Resurgence of inflation: Assessing the role of Macroeconomic Policies," Working Papers PKWP2301, Post Keynesian Economics Society (PKES).
    3. Raza, Hamid & Laurentjoye, Thibault & Byrialsen, Mikael Randrup & Valdecantos, Sebastián, 2023. "Inflation and the role of macroeconomic policies: A model for the case of Denmark," Nülan. Deposited Documents 4077, Universidad Nacional de Mar del Plata, Facultad de Ciencias Económicas y Sociales, Centro de Documentación.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:lev:levypn:25-5. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Lindsey Carter (email available below). General contact details of provider: https://www.levyinstitute.org .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.