To Fire or to Hoard? : Explaining Japan's Labor Market Response in the Great Recession /

The Great Recession pushed Japan's unemployment rate to historic highs, but the increase has been small by international standards and small relative to the large output shock. This paper explores Japan's cyclical labor market response to the global financial crisis. Our findings suggest t...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Steinberg, Chad
Weitere Verfasser: Nakane, Masato
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2011.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2011/015
Online Zugang:Full text available on IMF