The economic mainstream is perplexed: growth is finally taking hold across Europe, economic forecasts have been revised upwards, and employment is expanding. The only indicator that stubbornly refuses to follow suit is wage growth, defying textbooks and economic orthodoxy alike. Bloomberg has called it the “mystery of missing wage growth,” the Financial Times writes about […]
About Thorsten Schulten and Malte Luebker
Thorsten Schulten is senior researcher at the Institute of Economic and Social Research (WSI) within the Hans Böckler Foundation in Düsseldorf, Germany. His main fields of work are wage policy, minimum wages, collective bargaining and labour relations in an internationally comparative perspective. Malte Luebker is a senior researcher at the Institute of Economic and Social Research (WSI) of the Hans Boeckler Foundation. His work focuses on wages, wage setting institutions and income distribution.