Wages, Employment and Productivity in EU and USA
We analyse the evolution of regional employment in EU countries, and present some econometric models which relate employment with wages, economic growth and productivity. This study points to the main causes the important regional disparities of wages and rates of employment that exist in EU15 and EU24, as well as the low level of the average rate of employment in comparison with the USA and other areas. Finally we suggest some European policies that should be have into account in order to foster employment and real wages in the less developed regions as well as the average rate of employment of European Union.
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"Economic growth and social welfare in the European regions,"
9, University of Santiago de Compostela. Faculty of Economics and Business. Econometrics..
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