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...

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Bibliografski detalji
Glavni autor: Hong, Gee Hee
Daljnji autori: Koczan, Zsoka, Lian, Weicheng, Nabar, Malhar
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2018.
Serija:IMF Working Papers; Working Paper ; No. 2018/050
Online pristup:Full text available on IMF