01640cas a2200253 a 4500 AALejournalIMF000199 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451841855 1018-5941 BD-DhAAL BD-DhAAL De Masi, Paula. Aspects of the Swiss Labor Market / Paula De Masi, S. Henry. Washington, D.C. : International Monetary Fund, 1996. 1 online resource (28 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper presents an analysis of the behavior of the Swiss labor market, which emphasizes both changes to labor supply and real wage inflexibility as determinants of recent unusually high levels of unemployment. Supply responses in the past meant that measured unemployment rates were rarely high. The paper suggests that these responses also meant that real wages were probably less responsive to shocks as a result. Econometric tests reported in the paper broadly confirm these suggestions, and imply that the level of unemployment consistent with stable inflation has risen in Switzerland. Mode of access: Internet Henry, S. IMF Working Papers; Working Paper ; No. 1996/003 Full text available on IMF http://elibrary.imf.org/view/journals/001/1996/003/001.1996.issue-003-en.xml IMF e-Library