To Fire or to Hoard? : Explaining Japan's Labor Market Response in the Great Recession /

The Great Recession pushed Japan's unemployment rate to historic highs, but the increase has been small by international standards and small relative to the large output shock. This paper explores Japan's cyclical labor market response to the global financial crisis. Our findings suggest t...

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Autor principal: Steinberg, Chad
Altres autors: Nakane, Masato
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2011.
Col·lecció:IMF Working Papers; Working Paper ; No. 2011/015
Accés en línia:Full text available on IMF