Wage Moderation in Crises : Policy Considerations and Applications to the Euro Area /
The paper studies the impacts of wage moderation in the euro area. Simulation results show that if a single euro area crisis-hit economy undertakes wage moderation, the impact on output is positive for that economy and for the entire euro area. If all crisis-hit economies undertake wage moderation t...
| מחבר ראשי: | |
|---|---|
| מחברים אחרים: | , , |
| פורמט: | כתב-עת |
| שפה: | English |
| יצא לאור: |
Washington, D.C. :
International Monetary Fund,
2015.
|
| סדרה: | Staff Discussion Notes; Staff Discussion Notes ;
No. 2015/022 |
| גישה מקוונת: | Full text available on IMF |