Labour productivity and wage dynamics in selected South-East European countries Cover Image

Динамика на производителността на труда и работните заплати в избрани страни от Югоизточна Европа
Labour productivity and wage dynamics in selected South-East European countries

Author(s): Nikolay Velichkov, Dimitar Damyanov
Subject(s): Economy, National Economy, Supranational / Global Economy, Business Economy / Management, Human Resources in Economy
Published by: Нов български университет
Keywords: labour productivity; nominal wages; output structure; inflation
Summary/Abstract: In light of the changes in the levels of inflation over the past 2 years, this paper studies the dynamics of the total and industry-level labour productivity and compensation of employees in three Balkan countries over the 2010–2022 period. The analysis uncovers certain specifics in the variations of the main indicators by country that reveal the overall state of their labour markets and could serve to partially explain the differences between the inflation processes in each country.

Toggle Accessibility Mode