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...

詳細記述

書誌詳細
第一著者: Bakker, Bas
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2015.
シリーズ:IMF Working Papers; Working Paper ; No. 2015/229
オンライン・アクセス:Full text available on IMF