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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Бібліографічні деталі
Автор: Steinberg, Chad
Інші автори: Nakane, Masato
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2011.
Серія:IMF Working Papers; Working Paper ; No. 2011/015
Онлайн доступ:Full text available on IMF