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Effrosyni Adamopoulou

ZEW, Germany, and IZA@LISER, Luxembourg

World of Labour is an effective way to stay on top of recent developments in policy-relevant topics, as well as gain deeper insights into the labor markets of specific countries. I am especially happy to have contributed to a better understanding of collective bargaining and to have provided detailed insights into the labor market in Greece.

World of Labour role

Author

Current position

Deputy Head of ZEW's (Leibniz Centre for European Economic Research) Inequality and Public Policy group

Research interest

Labor economics, family economics, macro economics

Website

https://sites.google.com/site/efiadamopoulou

Positions/functions as a policy advisor

Member of the Greek National Minimum Wage Experts Committee (2022-2025)

Past positions

Researcher at University of Mannheim, Germany; Economist at DG for Economics, Statistics and Research, Bank of Italy (2013–2021)

Qualifications

PhD in Economics, Universidad Carlos III de Madrid, 2013

Selected publications

  • "The Long-Term Earnings Effects of a Credit Market Disruption." American Economic Journal: Macroeconomics, accepted (2026) (with M. De Philippis, E. Sette, and E. Viviano).

  • "Minimum Wages and Insurance within the Firm." Journal of Labor Economics, forthcoming (2027) (with F. Manaresi, O. Rachedi, and E. Yurdagul).

  • "Staggered Contracts and Unemployment during Recessions." Journal of Monetary Economics 156 (2025): 103830 (with L. Díez Catalán, and E. Villanueva).

  • "Eating Habits, Food Consumption and Health: The Role of Early Life Experiences." European Economic Review 166 (2024), 104743 (with E. Olivieri and E. Triviza).

  • “Wage Determination and the Bite of Collective Contracts in Italy and Spain." Labour Economics 76 (2022) (with E. Villanueva).

Article(s)

  • The Greek labour market, 2000-2024

    Greece has faced major crisis-driven job losses, persistent long-term unemployment, wage compression, and a post-crisis shift toward minimum-wage-led wage setting

    Effrosyni AdamopoulouNicholas Giannakopoulos, July 2026
    Greece’s labour market tells a mixed story. After one of the deepest crises in Europe, unemployment has fallen and employment has recovered, yet many problems remain. Long-term unemployment is still high, real wages have not fully regained their purchasing power, and most jobs are in small firms with limited growth prospects. At the same time, major reforms changed how wages are set, reducing collective bargaining and making the minimum wage the main pay floor for many workers. This raises an important question: has the Greek labour market truly recovered, or has it settled into a new and more fragile balance? Understanding this is key for designing policies that support stable jobs, fair pay, and inclusive growth in the future.
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  • Employment and wage effects of extending collective bargaining agreements Updated

    Sectoral collective contracts reduce inequality but may lead to job losses among workers with earnings close to the wage floors

    Ernesto VillanuevaEffrosyni Adamopoulou, April 2022
    In many countries, the wage floors and working conditions set in collective contracts negotiated by a subset of employers and unions are subsequently extended to all employees in an industry. Those extensions ensure common working conditions within the industry, mitigate wage inequality, and reduce gender wage gaps. However, little is known about the so-called bite of collective contracts and whether they limit wage adjustments for all workers. Evidence suggests that collective contract benefits come at the cost of reduced employment levels, though typically only for workers earning close to the wage floors.
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