Wage-Price Dynamics and Structural Reforms in Japan /

Structural reforms in the liquidity trap need not be deflationary. This paper develops a simple framework to study the role that key characteristics of Japan's labor and product markets-labor-market duality and weak corporate governance-play in generating unfavorable wage-price dynamics. The mo...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Porcellacchia, Davide
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2016.
Cyfres:IMF Working Papers; Working Paper ; No. 2016/020
Mynediad Ar-lein:Full text available on IMF