The Response of Wages and Labor Supply Movements to Employment Shocks Across Europe and the United States /
This paper assesses the responsiveness of wages and labor force movements to employment shocks across British and U.S. regions and across Europe using a multivariate vector autoregression technique. The paper finds inflexible real wages in all three areas in that each area's real wage responds...
| Hlavní autor: | |
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| Médium: | Časopis |
| Jazyk: | English |
| Vydáno: |
Washington, D.C. :
International Monetary Fund,
1994.
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| Edice: | IMF Working Papers; Working Paper ;
No. 1994/158 |
| On-line přístup: | Full text available on IMF |