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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Detalles Bibliográficos
Autor Principal: Steinberg, Chad
Outros autores: Nakane, Masato
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2011.
Series:IMF Working Papers; Working Paper ; No. 2011/015
Acceso en liña:Full text available on IMF