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...
| Hlavní autor: | |
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| Další autoři: | , , |
| Médium: | Časopis |
| Jazyk: | English |
| Vydáno: |
Washington, D.C. :
International Monetary Fund,
2018.
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| Edice: | IMF Working Papers; Working Paper ;
No. 2018/050 |
| On-line přístup: | Full text available on IMF |