More Slack than Meets the Eye? : Recent Wage Dynamics in Advanced Economies /

Nominal wage growth in most advanced economies remains markedly lower than it was before the Great Recession of 2008-09. This paper finds that the bulk of the wage slowdown is accounted for by labor market slack, inflation expectations, and trend productivity growth. In particular, there appears to...

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Hlavní autor: Hong, Gee Hee
Další autoři: Koczan, Zsoka, Lian, Weicheng, Nabar, Malhar
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2018.
Edice:IMF Working Papers; Working Paper ; No. 2018/050
On-line přístup:Full text available on IMF

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