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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Bibliografische gegevens
Hoofdauteur: Steinberg, Chad
Andere auteurs: Nakane, Masato
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2011.
Reeks:IMF Working Papers; Working Paper ; No. 2011/015
Online toegang:Full text available on IMF