Unemployment Hysteresis, Wage Determination, and Labor Market Flexibility : The Case of Belgium.
This paper examines the potential contribution of unemployment hysteresis theories to the understanding of the Belgian labor market. It estimates models of wage determination using aggregate and firm-level panel data. Two main conclusions emerge: (i) the long-term unemployed do not exert a negative...
| Співавтор: | |
|---|---|
| Формат: | Журнал |
| Мова: | English |
| Опубліковано: |
Washington, D.C. :
International Monetary Fund,
1994.
|
| Серія: | IMF Working Papers; Working Paper ;
No. 1994/150 |
| Онлайн доступ: | Full text available on IMF |