The Response of Wages and Labor Supply Movements to Employment Shocks Across Europe and the United States /

This paper assesses the responsiveness of wages and labor force movements to employment shocks across British and U.S. regions and across Europe using a multivariate vector autoregression technique. The paper finds inflexible real wages in all three areas in that each area's real wage responds...

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Tác giả chính: Thomas, Alun
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 1994.
Loạt:IMF Working Papers; Working Paper ; No. 1994/158
Truy cập trực tuyến:Full text available on IMF