Wage Flexibility and Economic Performance : Evidence Across Industrial Countries /

This paper provides new empirical evidence on the degree of nominal wage flexibility in a sample of nineteen industrial countries. Across countries, aggregate uncertainty increases the degree of wage flexibility in the face of various shocks. Wage flexibility stabilizes fluctuations in real output a...

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Κύριος συγγραφέας: Kandil, Magda
Μορφή: Επιστημονικό περιοδικό
Γλώσσα:English
Έκδοση: Washington, D.C. : International Monetary Fund, 2000.
Σειρά:IMF Working Papers; Working Paper ; No. 2000/137
Διαθέσιμο Online:Full text available on IMF

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