Wage Moderation in Crises : Policy Considerations and Applications to the Euro Area /
The paper studies the impacts of wage moderation in the euro area. Simulation results show that if a single euro area crisis-hit economy undertakes wage moderation, the impact on output is positive for that economy and for the entire euro area. If all crisis-hit economies undertake wage moderation t...
| 第一著者: | Decressin, Jorg |
|---|---|
| その他の著者: | Espinoza, Raphael, Halikias, Ioannis, Kumhof, Michael |
| フォーマット: | 雑誌 |
| 言語: | English |
| 出版事項: |
Washington, D.C. :
International Monetary Fund,
2015.
|
| シリーズ: | Staff Discussion Notes; Staff Discussion Notes ;
No. 2015/022 |
| オンライン・アクセス: | Full text available on IMF |
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