Employment and the Great Recession : The Role of Real Wages /

This paper argues that the sharp increase in unemployment in a number of advanced countries during the Great Recession was not just cyclical (the result of a lack of aggregate demand); the degree of adjustment of real wages and the impact this had on labor productivity also played a role. In many co...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Bakker, Bas
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2015.
سلاسل:IMF Working Papers; Working Paper ; No. 2015/229
الوصول للمادة أونلاين:Full text available on IMF