Edward Conard

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Edward Conard

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Bundesbank Cites Immigration as Reason for Slow German Wage Growth

As in the United States, immigration is slowing wage growth in Germany. 

“Bundesbank research suggests that migration from other EU member states partially accounts for dampened wage pressures in Germany,” according to Jens Weidmann, the president of the Bundesbank.

https://www.ft.com/content/cebc81bd-0f3b-39ee-b099-85a6c1a9e5fd

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