Showing posts with label Labour costs. Show all posts
Showing posts with label Labour costs. Show all posts
Wednesday, July 15, 2015

15/7/15: Is it Trust or Fiscal Performance? Greece v Excessive Deficit Procedures

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As noted in the previous post , that Trustless Greece apparently is a better example of European policies of internal devaluation at work ...

15/7/15: Is it Trust or Competitiveness? Greece v Unit Labour Costs

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Remember hard currency of Europe - no not the euro - Trust? And remember how Greeks lack that currency because of failed reforms and inc...
Tuesday, November 25, 2014

25/11/2014: Irish Recovery: A Dreamland of Falling Wages & Rising Work Hours

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More fantastic news from our 'labour cost competitiveness' fairytale economy: average weekly earnings fell 0.8% y/y to EUR671.70...
Thursday, May 29, 2014

29/5/2014: Earnings in Ireland: Something's Fishy in that Murky Water?..

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Average weekly hours and earnings were released by CSO this week, covering Q1 2014 data. Remember, these are delivered in the context of r...
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Friday, September 27, 2013

27/9/2013: Internal Devaluation: Picking a Right Target?

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Conventional wisdom of the 'internal devaluation' theory goes as follows: if a country like Ireland were to experience a structural...
Monday, November 28, 2011

28/11/2011: Average Hourly Earnings Q3 2011 Ireland

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Latest earnings and labour cost figures for Q3 2011 in Ireland are providing some interesting insights. This post will deal with data for e...